ChainCatcher news, according to Globenewswire, 21Shares US LLC announced plans to liquidate two Bitcoin futures and Ethereum futures ETFs, namely the ARK 21Shares Active Bitcoin Ethereum Strategy ETF (Cboe BZX: ARKY) and the ARK 21Shares Active On-Chain Bitcoin Strategy ETF (Cboe BZX: ARKC). Shareholders may sell their holdings in the funds before the end of the trading day on Thursday, March 27, 2025, and such transactions may incur regular brokerage fees. The last trading day for both funds is March 27, 2025. The funds will be liquidated around March 28, 2025. Shareholders who continue to hold fund shares on the liquidation date will receive a liquidation distribution, the value of which equals their proportionate interest in the fund on that date. Shareholders receiving liquidation distributions will typically realize capital gains or losses equivalent to the net asset value of their shares.Additionally, 21Shares stated that this move is based on a routine review of the company's product lineup to ensure it aligns with market dynamics, customer demands, and the mature digital asset landscape. 21Shares and the fund's investment sub-advisor ARK Invest remain loyal partners and look forward to advancing regulated cryptocurrency products in the U.S. market.

ChainCatcher news, according to Bloomberg, the Singapore Exchange will list open-ended Bitcoin futures contracts.

ChainCatcher news, according to Cointelegraph, after U.S. President Trump announced a cryptocurrency strategic reserve, the Chicago Mercantile Exchange (CME) recorded the largest Bitcoin futures gap in history.According to data from TradingView, this news added over $300 billion in trading volume to the spot market and resulted in a $10,000 gap in CME Bitcoin futures. This record gap surpassed the previous record of just over $4,000 in August 2024, which was noted by Asymmetric founder Joe McCann on March 2.Analyst Rekt Capital pointed out: "Bitcoin has filled the CME gap that formed between $92,800 and $94,000 during last week's spot market crash." He added that Bitcoin successfully filled two CME gaps within a week, but in the process created a brand new massive gap ranging from $84,650 to $94,000.

ChainCatcher news, K33 Research Director Vetle Lunde stated that the sharp drop in Nvidia's stock price yesterday triggered a chain reaction in the cryptocurrency market, leading Chicago Mercantile Exchange (CME) traders to quickly hedge their risks. The Bitcoin futures basis fell to negative territory for the first time since August 2023, while the nominal open interest experienced the largest single-day drop in history, plummeting by 17,225 Bitcoin.It is reported that the futures basis is the difference between the price of a futures contract and the current spot price of the underlying asset. This serves as an indicator of market sentiment and expectations. When the futures basis falls into negative territory, it indicates a shift towards bearish sentiment, and in the context of heightened risk aversion, traders are willing to sell futures at prices lower than the spot price.

ChainCatcher message, on-chain data analysis platform Glassnode analysis shows that the speculation enthusiasm in the Bitcoin futures market is weakening. The medium-term trend line (30-day moving average) has slightly declined after peaking, and the short-term trend line (7-day moving average) has fallen below the medium-term line, indicating that traders are gradually closing positions amid increasing market uncertainty.

According to ChainCatcher news, as reported by PR Newswire, the derivatives market CME Group announced market statistics indicating that the average daily trading volume of contracts for the entire year of 2024 will reach 26.5 million, with the average daily trading volume of cryptocurrency contracts increasing by 203%, reaching approximately 117,000 contracts (6.8 billion USD), including:The annual average daily trading volume of micro Bitcoin futures will reach 48,000 contracts;The annual average daily trading volume of micro Ethereum futures will reach 41,000 contracts;The annual average daily trading volume of Bitcoin futures will reach 16,000 contracts;The annual average daily trading volume of Ethereum futures will reach 6,400 contracts.

ChainCatcher news, according to Bloomberg, Australian pension and wealth management company AMP announced the allocation of Bitcoin futures products, with an investment scale of 27 million AUD (approximately 17.2 million USD), accounting for 0.05% of its total pension assets.This is the first time Australia's 4.1 trillion AUD pension system has ventured into crypto assets. Although Reserve Bank of Australia Governor Michele Bullock holds a cautious attitude towards crypto assets, AMP stated that it will continue to manage related investment portfolios under a strict risk control framework.

ChainCatcher news, since Trump's victory on November 5, the Bitcoin futures open interest has risen significantly. Data shows that the Bitcoin futures open interest has increased from $39 billion on November 5 to the current $60.9 billion, indicating an increase in trading activity and market speculation.Bitfinex analysts state that the increase in open interest appears to be a natural growth driven by expectations of future price appreciation. Leverage accumulation is a common tool used by traders, including institutions, to position themselves for anticipated price movements.

ChainCatcher news, Matrixport released today's chart stating that the Bitcoin futures open interest has surpassed $30 billion, plus $14 billion in futures contracts from the CME, setting a new high for the year. Although the funding rate recently surged to 30% (annualized), it has now fallen back to 15%, indicating that some leveraged long traders have chosen to close their positions. It is worth mentioning that even with the decline in the funding rate, the Bitcoin price remains strong, highlighting the activity of buyers in the spot market.As the funding rate decreases, speculative long traders can return to the market at a lower cost, further boosting the bullish sentiment. This series of market changes indicates that the upward momentum of Bitcoin remains solid.

ChainCatcher news, according to The Block, the Bitcoin futures basis yield has risen to a seven-month high, and QCP Capital analysts believe this may indicate an increase in market leverage risk. Current market demand for high strike call options is strong, showing that investors are optimistic about further increases in the future.Analysts point out that the perpetual contract funding rate has significantly increased, with the basis exceeding 18% by the end of November, as the Bitcoin price approaches the critical $90,000 mark. QCP analysts warn that high basis yields may be accompanied by leverage liquidation risks, which could trigger a market correction if price movements are unfavorable.Additionally, Swarm Markets co-founder Philipp Pieper stated that the recent rise in Bitcoin is partly due to cautious capital re-entering the market, but fluctuations in market sentiment may lead to mid-term profit-taking, resulting in price volatility.

ChainCatcher news, according to Coinglass data, as of October 18, the Chicago Mercantile Exchange (CME) Bitcoin futures open interest (USD) reached $12.3 billion, breaking the historical high and accounting for 31% of the total open interest in Bitcoin futures contracts in the current crypto market ($39.1 billion).In addition, K33Research analyst Vetle Lunde stated that the current institutional preference is to build long positions. With a significant increase in open interest, the futures premium has risen to a 5-month high.

ChainCatcher news, Robinhood launches a desktop platform and adds futures and index options trading features to its mobile app (APP), including: stock indices, Bitcoin, energy, metals, and currencies.

ChainCatcher news, K33 Research senior analyst Vetle Lunde stated that the CME Bitcoin futures open interest reached a nominal all-time high yesterday, totaling 172,430 BTC. With the significant increase in open interest, the futures premium has risen to a 5-month high.The analyst believes that the growth in open interest is driven by active/direct market participants, rather than inflows from futures-based ETFs.

ChainCatcher news, according to the official announcement, the Chicago Mercantile Exchange (CME) will launch Bitcoin Friday futures (BFF) on September 30, 2024, providing a precise and flexible way to trade Bitcoin.Each BFF contract represents 1/50 of a Bitcoin, ensuring capital efficiency and accessibility. These shorter-term contracts expire every Friday at 4 PM (Eastern Time) and settle based on the CME CF Bitcoin Reference Rate New York variant, which may be closer to the Bitcoin spot price.

ChainCatcher news, according to The Block, CF Benchmarks Chief Research Analyst Gabriel Selby stated that the Bitcoin spot ETF has driven an 80% increase in CME Bitcoin futures open interest year-to-date.It is reported that the increase in open interest can be attributed to the basis trading between the Bitcoin spot ETF and CME futures contracts to facilitate arbitrage opportunities. This activity by institutional investors can enhance Bitcoin's liquidity and lay the foundation for a stronger and more interconnected market ecosystem.

ChainCatcher news, Li Yilin, Senior Vice President of Sales and Product Strategy at Southern Eastern Asset Management, revealed that the mainstream investment market is increasingly accepting virtual asset-related products. Currently, the asset scale of Southern Eastern's Bitcoin futures ETF has surpassed 1 billion Hong Kong dollars. Additionally, the market is closely anticipating the listing of a spot Ethereum ETF in the United States, which is expected to drive up virtual asset prices. Southern Eastern has observed a continuous inflow of funds into its Bitcoin futures ETF and Ethereum futures ETF.

ChainCatcher news, ARK Invest sold 14,663 shares of the ARK 21Shares Active Bitcoin Futures ETF (ARKA) on May 20, at a closing price of $66.8, worth approximately $980,000.

ChainCatcher News, former Chairman of the Commodity Futures Trading Commission (CFTC) Chris Giancarlo recently emphasized the key role of former U.S. President Donald Trump in the cryptocurrency industry. At a cryptocurrency policy summit held in Washington, D.C., Giancarlo referred to Trump as "the first crypto president of the United States." This title stems from the approval of Bitcoin futures during the first year of the Trump administration.He also highlighted the importance of approving Bitcoin futures during Trump's presidency: "The lasting success of this regulated futures market helps ensure that the world's first digital commodity—Bitcoin—is priced in U.S. dollars," he emphasized the significance of Bitcoin for the future of digital assets.Giancarlo further pointed out that in 2017, cryptocurrency was not a political issue, as he and other CFTC commissioners "unanimously supported regulatory innovation." However, it has now become a political topic.Earlier this month, Trump met with cryptocurrency enthusiasts and announced his decision to accept cryptocurrency as campaign donations. He also stated that President Joe Biden "doesn't even know" what cryptocurrency is and claimed, "If you support cryptocurrency, you better vote for Trump."