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ETF

A crypto ETF is a regulated investment fund that tracks the price of one or more digital assets and trades on traditional stock exchanges like the NYSE or Nasdaq.Following the success of Bitcoin and Ethereum ETFs, the 2026 market now includes Solana ETFs and diversified Altcoin Baskets. ETFs serve as the primary vehicle for institutional capital and retirement funds (401k/IRA) to enter the Web3 space. This tag tracks regulatory approvals, AUM (Assets Under Management) inflows, and the impact of Wall Street on crypto liquidity.

39400 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
$215B Corporate Bitcoin Boom Creates ‘Dangerous Game,’ Most ‘Won’t Survive Credit Cycle’: Research

$215B Corporate Bitcoin Boom Creates ‘Dangerous Game,’ Most ‘Won’t Survive Credit Cycle’: Research

Corporate Bitcoin holdings have exploded to $215 billion across 213 entities, with public companies controlling 71.4% of the total, but new research warns this “ dangerous game ” will likely see most participants fail to survive a full credit cycle. According to a research report from Sentora shared with Cryptonews, companies are “borrowing billions in fiat, issuing new equity, and restructuring entire balance sheets to acquire Bitcoin” while engaging in what amounts to structured speculation on a non-yielding , highly volatile digital asset. The study identifies a critical flaw in the strategy. “Idle Bitcoin on a corporate balance sheet is not a scalable strategy in a rising-rate world” because most Bitcoin treasury companies are either unprofitable or heavily reliant on mark-to-market gains to appear solvent. Source: Sentora Research Strategy leads with 628,791 BTC, followed by MARA Holdings at 50,639 BTC and Bitcoin Standard Treasury Company with 30,021 BTC. Notably, Japan’s Metaplanet’s recent Q2 financial report revealed a stunning 468% Bitcoin yield in Q2 2025. Speaking with Cryptonews, Vincent Maliepaard, Vice President of Marketing at Sentora, noted that “balance sheet diversification with a hard asset like Bitcoin is the right framing, especially in an era of heightened geopolitical uncertainty.” However, the research warns that without Bitcoin evolving from digital property to productive digital capital that generates yield, the strategy remains fundamentally limited. Historical Parallels Reveal Both Promise and Peril The Bitcoin treasury strategy mirrors historical wealth-building through leveraged acquisition of scarce assets like land and property, sharing characteristics of “a scarce and durable asset, cheap capital,” but currently lacking “the asset’s ability to produce yield.” Source: Sentora Research The research notes that while families and companies built generational wealth through real estate for centuries, “Gold Treasury companies” never emerged despite gold’s scarcity due to storage costs, movement difficulties, and negative carry. Bitcoin’s digital advantages enable global transfers in seconds, programmable custody, and 24/7 trading, positioning it as potentially superior to gold for treasury purposes. However, the research emphasizes that “like land that gains economic meaning when developed, Bitcoin ‘ must do something ‘” beyond existing as idle digital property on balance sheets. The study warns that most Bitcoin treasury adopters from 2020-2024 “misunderstood the asset, the structure, or the macro environment” during an era of cheap fiat and QE-boosted equities. The transition to higher interest rates exposes structural weaknesses in strategies designed for ultra-low rate environments. Leveraged Speculation Disguised as Treasury Management The research categorizes Bitcoin treasury strategies as “negative-carry trades” where companies borrow fiat to acquire a non-yielding asset, contrasting sharply with traditional carry trades that provide a positive yield while waiting. Unlike foreign exchange carry trades with built-in cushions, Bitcoin strategies offer “no yield cushion, no neutral carry, and no risk-parity ballast.” Strategy has pioneered the model using $3.7 billion in ultra-low coupon convertible bonds and $5.5 billion in perpetual preferred shares to finance acquisitions. Michael Saylor attributes Strategy’s premium to net asset value through “Credit Amplification, Options Advantage, Passive Flows, and Superior Institutional Access” that provide 2x-4x Bitcoin exposure amplification unavailable to spot ETFs. $MSTR trades at a premium to Bitcoin NAV due to Credit Amplification, an Options Advantage, Passive Flows, and superior Institutional Access that equity and credit instruments provide compared to commodities. pic.twitter.com/AYQlytS4ID — Michael Saylor (@saylor) August 13, 2025 The financing mechanisms reveal structural vulnerabilities. Mining companies like Marathon Digital face “razor-thin and deteriorating margins, often being structurally unprofitable below ~$100k BTC” with Bitcoin constituting 50-80% of their assets. The research notes that these firms face high liquidation risk due to short-term cash needs during downturns. Similarly, Metaplanet also exemplifies this aggressive accumulation , doubling Bitcoin holdings every 60 days for 475 days while utilizing zero-interest convertible bonds worth ¥270.36 billion. The company filed shelf registrations for ¥555 billion in perpetual preferred shares, targeting 210,000 BTC by 2027, representing 1% the total Bitcoin supply. Credit Cycle Vulnerability Threatens Corporate Bitcoin Experiment The research warns of structural risks when “interest payments become unserviceable, refinancing costs spike, equity issuance turns non-accretive, and boards question the Bitcoin strategy itself.” Most companies lack sustainable business models beyond Bitcoin appreciation, creating dangerous dependencies on continued price momentum. Rising interest rates amplify negative carry, while Bitcoin price stagnation over 2-3 years could erode conviction and make equity issuance dilutive. The study notes “there is no lender of last resort, no circuit breaker, and no refinancing facility” when Bitcoin carry trades break, making risks “binary and reflexive.” Presumably due to the weakening risk appetite, Strategy is already facing multiple class-action lawsuits alleging misleading statements about Bitcoin strategy profitability and risks. However, the company maintains unique advantages through index inclusion, providing passive flows from $35 trillion in equity markets and $60 trillion in credit markets compared to Bitcoin ETFs’ $700 billion access. JUST IN: 🇰🇿 Kazakhstan’s Fonte Capital gets approval to list the first spot Bitcoin ETF in Central Asia 🙌 The ETF starts trading tomorrow 🚀 pic.twitter.com/rutraPruZk — Bitcoin Magazine (@BitcoinMagazine) August 12, 2025 Most recently, Kazakhstan has also launched Central Asia’s first spot Bitcoin ETF , while Norway’s sovereign wealth fund increased indirect Bitcoin exposure by 192% through equity stakes in Coinbase, Metaplanet, and Strategy. These developments support Maliepaard’s prediction that “ more private enterprises will reveal significant BTC positions ” as market infrastructure matures. The research concludes that for the strategy to succeed long-term, “Bitcoin must evolve from digital property to digital capital,” which generates yield without custodianship requirements. Until Bitcoin becomes productive through yield-bearing mechanisms, most corporate treasury experiments face potential failure during adverse credit cycles. However, Maliepaard remains optimistic about long-term prospects, predicting that “ the familiar boom-and-bust framing of Bitcoin cycles will start to fade ” as adoption widens across corporate and sovereign balance sheets. He believes that “ if debt-financed acquisition of hard assets like land and real estate has historically compounded value, applying the same playbook to Bitcoin could reshape market dynamics entirely ,” with even aggressive price forecasts potentially proving conservative.

Author: CryptoNews

2025/08/14

Crypto Market Observation in July: Poised to Ride the Wave

Crypto Market Observation in July: Poised to Ride the Wave

Metrics Ventures' July Market Observation: A Guide to Crypto Market Secondary Funds 1/ Following the view we have held since May, the continued return of market bias has driven the

Author: PANews

2025/08/14

Ether ETFs Land Second-Biggest Inflow Ever With $729 Million Entry

Ether ETFs Land Second-Biggest Inflow Ever With $729 Million Entry

Ether exchange-traded funds (ETFs) posted their second-highest single-day inflow ever at $729.14 million, while bitcoin ETFs notched a sixth consecutive day of gains with $86.91 million in net inflows. Both markets saw record trading volumes and fresh all-time highs in net assets. Ether ETFs Shatter Records Again With $729 Million Inflow As Bitcoin ETFs Mark […]

Author: Bitcoin.com News

2025/08/14

Data: ARKK's weekly inflow of $5.5 billion ranks first among similar funds

Data: ARKK's weekly inflow of $5.5 billion ranks first among similar funds

PANews reported on August 14th that Bloomberg ETF analyst Eric Balchunas tweeted that ARKK saw $5.518 billion in inflows in a single week, topping its peer group. Year-to-date inflows reached

Author: PANews

2025/08/14

Invesco Galaxy’s Solana ETF acknowledged by the SEC

Invesco Galaxy’s Solana ETF acknowledged by the SEC

The SEC has acknowledged Invesco Galaxy’s filing for a spot Solana ETF, marking a key step toward potential approval and joining a wave of filings from major asset managers. The U.S. Securities and Exchange Commission has formally acknowledged the filing…

Author: Crypto.news

2025/08/14

XRP is Expected to Hit $4 In the Short Term – Earn XRP and Other Cryptocurrencies Daily with the SAVVY MINING Platform

XRP is Expected to Hit $4 In the Short Term – Earn XRP and Other Cryptocurrencies Daily with the SAVVY MINING Platform

On July 18, XRP broke through $3.65, breaking its 2018 all-time high of $3.40. After a pullback to $3.20, it rebounded 7%. Technicals remain strong, with the RSI above 50 and solid support at $3, indicating a dominant buying trend and a potential move towards $4 in the short term. However, savvy investors don’t just wait for price increases; they also turn their assets into daily cash flow. With SAVVY MINING, XRP holders can directly launch cloud mining contracts and earn daily XRP returns independent of market fluctuations. No hardware or maintenance is required, and profits are settled daily. Cash can be withdrawn or reinvested at any time, achieving dual growth in assets. Now is an excellent time to capitalize on XRP’s price momentum and earn passive income by joining SAVVY MINING . Why Should XRP Investors Choose SAVVY MINING? Bitcoin and Ethereum dominate the ETF market, while XRP is catching up. For many investors, ETF returns alone no longer meet their expectations for stable returns. Therefore, they are turning to legal and compliant intelligent cloud mining platforms like SAVVY MINING . Without the need to purchase expensive equipment or incur maintenance risks, SAVVY MINING’s AI-powered computing power management system allows you to earn cryptocurrency daily. The platform combines renewable energy with cold storage to ensure stable returns and asset security. How to Get Started? Visit the SAVVY MINING official website to register an account (a $15 bonus plus $0.60 per day in free funds). Complete registration and connect your digital wallet for fast deposits and withdrawals. Flexibly choose the computing power contract that suits you. You can find available options here . Start cloud mining and enjoy automatic daily deposits. All profits are automatically paid out daily, and principal is fully refunded upon contract expiration. Fast withdrawals and reinvestment are supported. Core Platform Advantages 24/7 customer service with an average response time of 1-3 minutes. Supports deposits and withdrawals of major cryptocurrencies: BTC, ETH, XRP, DOGE, LTC, USDT, USDC, and others. Utilizes green energy, ensuring environmental protection and low energy consumption, reducing costs and increasing returns. 80+ data centers worldwide, with over 7 years of operation. Military-grade security, SSL encryption, and cold wallet storage. No hidden fees, fixed returns, and a low barrier to entry. UK FCA-registered and compliant. Invite friends and receive an additional permanent 4.5% referral bonus. Security and Sustainability Shape the Future In the cloud mining industry, security and trust are paramount. SAVVY MINING prioritizes the security of user funds and information. We maintain operational transparency and adhere to compliance standards in various countries, providing investors with solid protection so they can focus on profitability. Furthermore, all mining farms are powered by renewable energy, achieving carbon neutrality. This not only reduces environmental pollution but also provides sustainable returns for investors, ensuring a win-win for everyone involved in both wealth and environmental benefits. Summary With the maturity of cloud mining, SAVVY MINING has become an ideal choice for XRP holders who seek asset appreciation. Combining technical security, stable returns, and platform transparency, SAVVY MINING is more than just a money-making tool – it aims to be a path to financial freedom. Start using your XRP today to begin earning returns. For more information, visit the SAVVY MINING website or download the app .

Author: CryptoNews

2025/08/14

Data: Hong Kong virtual asset ETF trading volume today is approximately HK$31.7832 million

Data: Hong Kong virtual asset ETF trading volume today is approximately HK$31.7832 million

According to PANews on August 14, Hong Kong stock market data showed that as of the close of trading, the total trading volume of all Hong Kong virtual asset ETFs

Author: PANews

2025/08/14

Bitwise CIO says four catalysts could drive further gains in the crypto market

Bitwise CIO says four catalysts could drive further gains in the crypto market

PANews reported on August 14th that, according to The Block, Bitwise CIO Matt Hougan stated that the current crypto market is underpricing four key catalysts: increased government purchases of Bitcoin,

Author: PANews

2025/08/14

Bitcoin hits a new all-time high. Will four major factors continue to drive the rise?

Bitcoin hits a new all-time high. Will four major factors continue to drive the rise?

Matt Hougan, Chief Investment Officer, Bitwise Compiled by Saoirse, Foresight News There are indeed many exciting developments in the current cryptocurrency space: regulation and legislation continue to improve, stablecoins are

Author: PANews

2025/08/14

CryptoQuant: Net unrealized profit and loss indicator shows that the market may usher in the third profit peak

CryptoQuant: Net unrealized profit and loss indicator shows that the market may usher in the third profit peak

PANews reported on August 14 that CryptoQuant analyst Yonsei_dent said that the NUPL (net unrealized profit and loss) indicator shows that when the value is higher than 0, most currencies

Author: PANews

2025/08/14

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