ChainCatcher message, regarding "The ETF Store president says it's shocking that ETF issuers have not applied for a Dogecoin ETF," Bloomberg ETF analyst Eric Balchunas agreed, adding, "I originally thought we would see issuers submit applications before Christmas. Now it seems we may have to wait until Atkins (SEC new chairman Paul Atkins)/Trump officially takes office."

ChainCatcher news, Bloomberg analyst James Seyffart posted on social media that whether Microstrategy (MSTR) can be classified as part of the Nasdaq 100 may depend on its ICB classification. If the company's operating business is software as a service, it would classify it as a tech stock. However, its stock performance is now largely tied to financial engineering, stemming from its Bitcoin purchases.Chairman Michael Saylor has stated that he hopes to transform MicroStrategy into a "Bitcoin bank." If the ICB reclassifies MicroStrategy as a financial stock, it will not meet the qualifications for the Nasdaq 100.

ChainCatcher news, Bloomberg analyst Eric Balchunas posted on the X platform that BlackRock's Bitcoin spot ETF "IBIT" has assets equivalent to the total of 50 ETFs focused on Europe (regional + single country), which have been in existence for 20 years.In addition, ETF and technology strategist Todd Sohn believes that the investment environment in Europe has bottomed out and cannot get any worse.

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas stated that the SEC, led by Gary Gensler, has rejected the application for the Solana ETF, and it is expected that the issuer will resubmit the application after the new SEC chairman Paul Atkins takes office.

ChainCatcher message, Bloomberg senior analyst Eric Balchunas posted on the X platform: "The total Bitcoin holdings of U.S. spot ETFs have just surpassed the holdings of Satoshi Nakamoto, currently holding over 1.1 million coins, more than anyone else in the world. These funds have been established for less than a year, they are simply at the 'baby' level."

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas stated that unless a major crash occurs, the wait for approval of altcoin-related ETFs will make cryptocurrency "quite crazy."He mentioned that there are 14 altcoin-related ETFs awaiting approval from the U.S. SEC within the next 12 months, including funds that offer exposure to SOL, XRP, HBAR, LTC, a basket of assets, as well as BTC and ETH.Additionally, Balchunas expects the number of altcoin ETF applications to double in the next two months. (CryptoSlate)

ChainCatcher news, Bloomberg ETF analyst Henry Jim posted on X that Grayscale has submitted an application for a Bitcoin Miners ETF, with the trading code/fee rate to be determined, and the effective date is January 27, 2025.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas posted on the X platform that after Trump's victory, the Ethereum ETF has emerged from the abyss of capital outflows, ultimately welcoming fresh air and net inflows.Data shows that the cumulative capital flow of the Ethereum ETF has turned from negative to positive.

ChainCatcher news, Bloomberg analyst Eric Balchunas posted on social media that the CFTC has just released a notice clearing the way for the listing of spot Bitcoin ETF options.This is the second obstacle that needs to be cleared after the SEC. Now we just need to wait for the OCC (Options Clearing Corporation) to list it.

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on social media: "We need to adjust our predictions because just yesterday, Bitcoin ETFs devoured over 12,000 Bitcoins like a drunken Pac-Man, now holding 996,000 Bitcoins------there's a good chance of breaking 1 million today (as yesterday's huge trading volume may translate into significant inflows tonight). Reaching Satoshi's level by the end of November is a very promising goal."

ChainCatcher news, according to Decrypt, data shows that over the past four years, among the 1,800 ETFs that started trading, BlackRock's IBIT has seen the highest inflow of funds. Bloomberg ETF analyst James Seyffart believes that the rapid influx of funds is partly due to investors wanting to invest in Bitcoin for some time, but they lacked a safe or simple way to invest before the ETF was approved. Now that the ETF has started trading, this demand is quickly entering the market.He stated, "I think part of this is pent-up demand, but as people learn more, it's also new demand. Traditional financial institutions are also interested in these products—including hedge funds participating in futures trading. This helps improve flow and demand." He added that hedge funds have been going long on ETFs and then selling futures contracts.Meanwhile, the performance of Ethereum spot ETFs has been less than satisfactory. Farside data shows that so far, 9 ETFs have seen a cumulative net outflow of $491.9 million. However, this does not mean that demand will not rebound. Investors have put cash into other products, which may indicate that a turnaround is on the horizon.Seyffart added, "It's just that the outflows from Grayscale's ETHE have overwhelmed the inflows into other (Ethereum) ETFs at the moment."

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on social media, "The Bitcoin spot ETF IBIT launched by BlackRock performed exceptionally well last week, with new inflows reaching $1.1 billion, marking the best single-week performance since March, and surpassing VTI to rank third in the annual inflow leaderboard (this is simply incredible for new products launched later in the year, especially since the other products in the top five have been around for over 20 years and have assets exceeding $300 billion). IBIT has a managed asset size of $26 billion, ranking in the top 2% of all ETFs."

ChainCatcher news, Bloomberg analyst James Seyffart stated that exchange-traded funds (ETFs) are likely to launch in the United States in the first quarter of 2025.Seyffart mentioned during a panel discussion at the Permissionless conference on October 9: "I think it's possible that options could launch before the end of this year, but it's more likely to be in the first quarter of 2025."In September, the U.S. Securities and Exchange Commission (SEC) authorized Nasdaq to list options linked to the BlackRock Bitcoin ETF, iShares Bitcoin Trust (IBIT). They are awaiting final approval from the Commodity Futures Trading Commission (CFTC) and the Options Clearing Corporation (OCC).Seyffart stated: "Unlike the regulations from the SEC, the CFTC and OCC do not have strict deadlines, so they can delay further if they wish."

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas stated on the X platform that the Solana ETF application submitted by CBOE failed to pass the second step in the SEC review process, and the SEC did not confirm it, leading to the application being "declared dead" directly. As a result, exchanges have withdrawn their 19b-4 applications, although the issuer's S-1 form remains valid. Unless there is a change in the SEC leadership, the chances of this application being approved are extremely slim.

ChainCatcher message, Bloomberg ETF analyst Eric Balchunas posted on the X platform that gold has finally been rewarded for its rich returns, with GLD rising 23% in the past 6 months, bringing in $2 billion, surpassing stocks. In other words, since the ETF was launched, it still lags behind Bitcoin, but by a small margin, possibly 500 basis points, and the gap is closing rapidly. Value storage is taking effect.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media: "I didn't expect that the U.S. Bitcoin spot ETF is likely to surpass Satoshi Nakamoto in October to become the largest entity holding Bitcoin. Just the ETF product launched by BlackRock is already the third largest holder of Bitcoin and is expected to become the largest holder by the end of next year, and it is very likely to maintain this position for a long time."

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media, "After the dust settled on Bitcoin's decline over the past two weeks (despite some price recovery), the total inflow of Bitcoin spot ETFs year-to-date has reached $19 billion, a record high, which still shows unexpectedly strong performance after considering all factors. This figure is the most important metric for measuring success, as it includes net price changes and GBTC unlocks."

ChainCatcher news, Bloomberg analyst James Seyffart stated that he believes Bitcoin ETF options will be launched in the fourth quarter of this year.

ChainCatcher news, Bloomberg crypto analyst Jamie Coutts stated on social media that since the unwinding of the yen arbitrage trades, Bitcoin has experienced significant price volatility. Coutts pointed out several key points:He underestimated the impact of the rapid rise in open interest (OI) and perpetual contract funding rates earlier this year;The neutral stance of the market before the unwinding of the yen arbitrage trades limited the extent of liquidations so far;Although Bitcoin prices may decline further, the reduction in open interest and negative funding rates suggest a higher likelihood of Bitcoin consolidating;Central bank intervention is expected soon, making Bitcoin appear attractive at current price levels.

ChainCatcher news, Bloomberg analyst James Seyffart stated on social media that it is currently only expected that the Grayscale Bitcoin Trust (BTC) will start trading tomorrow, but it still needs to obtain final approval from the U.S. Securities and Exchange Commission. The regulatory agency needs to confirm the validity of the related prospectus documents, and a result is expected to be given after today's market close, or shortly before or after the close.