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Strong Inflows Observed in Two Altcoin Funds Amid Market Drop

Emre Yumlu — Mon, 17 Nov 2025 10:48:55 +0000

Last week’s sharp sell-off in the crypto market significantly impacted digital asset funds. The three-week streak of outflows accelerated during the recent downturn, resulting in a total net withdrawal of $2 billion from crypto funds. This level of outflow has not been seen since the tariff crisis in February. Despite the overall bearish sentiment, two altcoin funds attracted substantial investments, standing out as exceptions in a challenging market.

Record Outflows from Major Funds

CoinShares’ latest weekly report highlighted heavy withdrawals from Bitcoin and Ethereum funds. Bitcoin-focused funds alone saw $1.3 billion in outflows, while Ethereum funds lost $688 million. Even altcoins that had previously attracted significant capital, such as XRP and Solana, were not immune to the downturn. XRP funds experienced net outflows of $15.5 million, and Solana funds saw $8.3 million withdrawn.

Cumulatively, the past three weeks have resulted in $3.2 billion in fund outflows, indicating a notable decline in investor risk appetite.

Surprising Interest in Litecoin and Sui Funds

Amid this market turbulence, Litecoin and Sui funds recorded remarkable inflows. Litecoin funds received $3.3 million, while Sui funds attracted $6 million in new investments. Cardano funds also saw modest inflows of $400,000.

The influx into these altcoin funds suggests that investors are increasingly looking to diversify their portfolios during downturns. It also reflects confidence in the long-term potential of specific projects, even when broader market conditions are negative.

Rising Short-Bitcoin Positions

Investors anticipating further declines in Bitcoin are also becoming more active. Short-Bitcoin funds, which had seen $12 million in inflows last week, attracted another $9 million this week. These funds are designed to profit from Bitcoin price declines, providing a hedge for risk-averse market participants.

Overall, the current landscape indicates a broad market correction and growing caution among fund investors. However, the notable inflows into Litecoin and Sui funds demonstrate that even in volatile markets, some investors are ready to seize opportunities in selective altcoin projects.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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Altcoin Spot ETFs Officially Launched! | Historical Milestone

Ahmet Bedirhan Arvas — Thu, 30 Oct 2025 11:11:43 +0000

As the crypto market continues to see innovations and firsts every day, we started the day with news of spot ETF listings for altcoins. On Wall Street in the United States, we saw that Solana (SOL), Litecoin (LTC), and Hedera (HBAR) spot ETFs—meaning ETFs that directly hold the crypto assets—have started trading. This historic moment was actually a time the entire market had been waiting for.

As we all know, BTC and ETH spot listings already existed, and we were familiar with how they worked. However, this step for altcoins is a first and opens a significant door in the sector. Essentially, what used to be called a bubble is now beginning to be adopted by governments worldwide.

How Did the Process Work?

Earlier this September, the SEC issued a new regulation that included general standards to simplify the listing process for crypto/commodity ETFs. Thanks to this regulation, there was no longer a need for lengthy, separate reviews for each new product, and the process became considerably faster.

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Why Are Spot ETFs Important?

These spot ETFs provide investors with numerous benefits. The biggest advantage is that investors can invest in the ETF portion rather than directly in the crypto asset, securing themselves. Previously, investors could only do this for Bitcoin and Ethereum, but now they can invest in **Solana, Litecoin, and Hedera** without holding the actual crypto assets. In fact, Solana also offers **staking opportunities**, allowing investors to earn additional income through staking.

With the SEC accelerating this process, the acceptance of crypto assets in terms of ETFs is increasing day by day. Various expert opinions explain this situation as follows:

Thanks to these accelerated approvals, the flow of institutional capital into this segment could increase further, adding benefits to the existing crypto market in terms of liquidity.

Mainstream is now crypto again.

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Solana ETFs Face Further Delays as SEC Extends Review Period

Yigit Taha OZTURK — Tue, 20 May 2025 09:00:24 +0000

Crypto investors hoping for new ETF options will need to wait a bit longer. The U.S. Securities and Exchange Commission (SEC) has extended its review period on several proposed spot Solana ETFs, citing the need for deeper analysis of legal and policy issues. The move puts a temporary brake on growing market enthusiasm.

SEC Initiates Extended Review for Solana ETF Applications

Major asset managers like 21Shares, Bitwise, VanEck, and Canary Capital have filed proposals for spot Solana ETFs. However, the SEC has yet to greenlight any fund linked to Solana, despite previously approving products for Bitcoin and Ethereum.

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In its latest statements, the SEC emphasized that the delay does not signal a decision to approve or reject. Instead, the agency needs more time to evaluate the applications in light of concerns over market manipulation and investor protection—especially for proposals from Bitwise and 21Shares.

This round of review includes a formal public consultation period, inviting market participants to weigh in on the proposals before a final ruling is made.

Final Decision May Not Arrive Until Late 2025

While both 21Shares and Bitwise have strong reputations in crypto asset management, the SEC appears more cautious with Solana, which—despite its fast and low-cost infrastructure—remains outside the current list of approved ETF assets.

Bloomberg analysts James Seyffart and Eric Balchunas continue to express confidence, projecting a 90% likelihood that ETFs for Solana and Litecoin (LTC) will be approved. Still, they acknowledge that decisions may not arrive until late 2025 due to bureaucratic delays.

Investors are urged to remain patient and realistic. The approval process is moving forward—but not at the pace some may have hoped.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Solana ETFs Face Further Delays as SEC Extends Review Period appeared first on Coin Engineer.

Fidelity Takes a Big Step into Crypto Investment!

Yigit Taha OZTURK — Thu, 03 Apr 2025 08:30:30 +0000

A major innovation in the world of crypto investments! Fidelity has launched a new IRA plan, allowing investors to trade and hold Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) with tax advantages.

What is the Crypto IRA?

This new system allows users to invest in Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) through a tax-advantaged IRA account. Assets are securely custodied in cold wallets by Fidelity Digital Assets.

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No Fees & Three IRA Options

Roth IRA: Tax-free gains for eligible withdrawals.
Traditional IRA: Tax-deferred growth.
Rollover IRA: Convert existing retirement accounts into crypto investments.

A recent TMX Vetta Fi survey shows that 57% of financial advisors plan to increase their allocations to crypto ETFs, with a focus on crypto equity ETFs.

Fidelity’s Ongoing Crypto Expansion

Fidelity has already introduced multiple crypto ETFs.
Filed for a Solana ETF listing on the Cboe Exchange.

By integrating Bitcoin (BTC) and Ethereum (ETH) into retirement plans, Fidelity is making a bold move towards mainstream crypto adoption. For those looking for tax-advantaged crypto investment opportunities, this is a game-changer.

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LTC Tests Support: Pullback or Rise?

Yigit Taha OZTURK — Mon, 10 Mar 2025 14:30:15 +0000

After the recent major fluctuations, LTC (Litecoin) continues to trade within a narrow range on the daily chart. The 94$ support level has become a crucial point, and it acts as a key threshold for LTC. If the price drops below 94$, a pullback to the 86$ – 87$ range is possible. These levels are important previous support areas and could see a potential rebound from LTC.

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On the other hand, if LTC manages to hold above 94$, an upward movement is likely to follow. In this scenario, the first resistance would be the descending FVG area. The 115$ level, if surpassed with a daily close, could signal further upward momentum, and the next target would be the 131$ resistance level. For LTC to maintain its bullish trend, it must break through these critical levels, making it essential for investors to closely monitor them.

LTC/USDT daily chart.

Additionally, considering the general market uncertainty and the potential for further price volatility, it is crucial for investors to stay vigilant with short-term movements. There is a balance between the upside and downside scenarios, so caution is advised. Specifically, whether the 94$ support holds will be a key determinant in the short-term direction of LTC.

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The Latest on Bitcoin and Cryptocurrencies: 19 February

Yigit Taha OZTURK — Wed, 19 Feb 2025 11:00:44 +0000

Will the uptrend continue? What are the key support and resistance levels? We have prepared the latest updates on liquidations, the biggest gainers and losers, upcoming events, and more for you!

Bitcoin Intraday Key Levels

The BTC/USD pair has gained 0.24% in the last 24 hours and is currently trading at $95,829. After losing the $98,331 support level, Bitcoin (BTC) continues its downtrend, with the resistance level for a potential rise at $98,331. Support levels are at $94,886 and $92,053.

BTC/USD 4-Hour Chart.

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Ethereum (ETH): The ETH/USDT pair has gained 0.52% in the last 24 hours and is currently trading at $2,724. For ETH, the resistance levels are at $2,724, followed by $2,877. Support levels are at $2,532 and $2,366.

Aptos (APT): The APT/USDT pair has gained 13.70% in the last 24 hours and is currently trading at $6.31. The resistance level for APT is at $6.38, followed by $6.90. Support regions are at $5.54, with a further drop to $5.05 in case of deeper decline.

Litecoin (LTC): The LTC/USDT pair has gained 10.12% in the last 24 hours and is currently trading at $136.04. Resistance levels for LTC are at $141.23, followed by $146.35. Support regions are at $130.94, with deeper declines targeting $124.32.

MANTRA (OM): The OM/USDT pair has gained 4.61% in the last 24 hours and is currently trading at $7.5889. The resistance levels for OM are at $7.7499 and $8.2117. Support levels are at $7.3605, with a deeper drop targeting $7.0601.

Trending Coins

In the last 24 hours, the trending coins in the crypto market include Story (IP), Berachain (BERA), and Sonic (S). The top gainers in the market include Story (IP), Plume (PLUME), and Berachain (BERA). The most significant losers are Gigachad (GIGA), Virtuals Protocol (VIRTUAL), and Hyperliquid (HYPE).

Bitcoin Liquidation Map

Looking at the 12-hour liquidation map for Bitcoin, the noticeable liquidation at the top is at $96,314 with $33.91 million. On the downside, the $94,409 level also shows a liquidation of $33.91 million.

The post The Latest on Bitcoin and Cryptocurrencies: 19 February appeared first on Coin Engineer.

NYSE Files for Grayscale’s Litecoin ETF!

Yigit Taha OZTURK — Wed, 05 Feb 2025 14:39:43 +0000

The New York Stock Exchange (NYSE) has filed an application to convert Grayscale’s Litecoin Trust (LTCN) into a spot Litecoin ETF. This move could help Litecoin gain more traction in traditional financial markets.

Grayscale is working on bringing crypto assets to investors through ETFs. After successfully obtaining approval for a Bitcoin spot ETF, the company is now awaiting approval for a Litecoin ETF.

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What Happens If the Litecoin ETF Gets Approved?

Litecoin will become more accessible to institutional investors.
It will provide a new investment option for those interested in ETFs.
Litecoin’s market cap and trading volume could see an increase.

When Will the SEC Make a Decision?

The application is now under review by the U.S. Securities and Exchange Commission (SEC). Following the approval of Bitcoin ETFs, the SEC’s stance on a Litecoin ETF remains a major point of interest.

If approved, this could lead to a price surge in Litecoin and increased institutional interest. The move could strengthen Litecoin’s position in the financial markets.

The post NYSE Files for Grayscale’s Litecoin ETF! appeared first on Coin Engineer.

Ripple (XRP), Solana (SOL) and Litecoin ETF Application from Giant Firms!

Tanju Akbıyık — Sat, 25 Jan 2025 07:20:17 +0000

There was a resounding development in the cryptocurrency market. Grayscale collaborated with the New York Stock Exchange (NYSE) and applied for a Solana-focused spot ETF. This step is seen as an important step towards making crypto assets more widespread and accessible in financial markets.

Grayscale’s application for this ETF aims to increase the adoption of Solana (SOL) in particular. The company stated that if the fund is approved, investors will be able to access Solana in a more regulated and easy way. The application is considered by market analysts as the beginning of a new era for crypto assets.

What Does the Increase in ETF Applications Point to?

Recently, there has been a huge increase in ETF applications in the cryptocurrency world. Especially after Bitcoin (BTC and Ethereum (ETH), applications for altcoins such as Solana attract attention. This signals that investors are starting to focus on a wider range, not just cryptocurrencies with large market capitalisation.

In addition to Grayscale’s Solana ETF, many asset management companies also made Bitcoin and Ethereum-focused ETF applications. These applications can seriously affect the general perception of the crypto market with the decisions to be taken by regulatory authorities.

The Role of Regulatory Authorities and Expectations: How Will ETF Application Decisions Affect the Market?

The US Securities and Exchange Commission’s (SEC) decision on these applications is highly anticipated. The approval of ETFs can increase confidence in the crypto market and accelerate the entry of institutional investors into the market. If Grayscale’s Solana ETF application is accepted by the SEC, this could lead to a significant increase in Solana’s value.

Crypto ETFs: New Opportunities for Investors?

Crypto ETFs stand out as a low-cost and regulated investment tool for individual and institutional investors. These funds offer investors the opportunity to profit from these assets without directly owning cryptocurrencies. Supporting rapidly developing projects such as Solana with ETFs is considered a positive step in terms of both market expansion and technology investments.

Is the Crypto Market Entering a New Era?

While Grayscale and NYSE’s Solana ETF move continues to resonate in the market, other investment companies are expected to take similar steps. These developments could pave the way for crypto assets to gain more space in the traditional financial world.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Ripple (XRP), Solana (SOL) and Litecoin ETF Application from Giant Firms! appeared first on Coin Engineer.

Crypto Investments Reached $3.4 Billion in October!

Yigit Taha OZTURK — Mon, 28 Oct 2024 19:00:15 +0000

According to CoinShares, crypto investment products saw an additional net inflow of $901 million globally last week, reaching a total of $3.4 billion. Research Director James Butterfill stated that the positive inflows and the rise in Bitcoin prices were driven by an increase in Republican support ahead of the U.S. elections.

CoinShares reported that global crypto funds managed by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares recorded a net inflow of $901 million last week. In October, over $3.36 billion was invested in crypto investment products, which corresponds to 12% of the assets under management, marking the largest fourth monthly inflow recorded. Year-to-date, inflows have reached $27 billion, nearly tripling the previous record of $10.5 billion set in 2021.

Bitcoin-based funds had a strong week, bringing in $920 million in new money. In contrast, short Bitcoin funds lost a small amount, with $1.3 million going out. Blockchain stocks and Solana products gained $12.2 million and $10.8 million, respectively. However, Ethereum-based funds lost $34.7 million during the same period. At the same time, the ETH/BTC ratio dropped by 2.33%, reaching its lowest point since April 2021.

U.S. Elections and Polls Boost Crypto Inflows.

“We believe that the current levels of Bitcoin prices and inflows are significantly influenced by U.S. politics; the recent increase in inflows is likely tied to the Republicans’ poll gains,” said CoinShares Research Director James Butterfill.

Polymarket, a decentralized prediction platform, reports that pro-crypto Republican candidate Donald Trump is leading Democrat Kamala Harris by 66.5% to 33.4% in the presidential election set for November 5. Trump is also ahead in six important states. The data from Polymarket indicates that Republicans might have an 84% chance of controlling the Senate and a 52% chance in the House of Representatives, with an overall 48% chance of winning, while Democrats have just a 12% chance. Last week, Polymarket stated there was no proof of market manipulation in election betting.

Despite this, recent national poll averages indicate a close contest. According to FiveThirtyEight, Harris is leading with 48.1% while Trump has 46.7%, and the difference is small enough to be within the margin of error. The gap in the polls has decreased since Harris‘s highest lead of 3.7% on August 23. Analysts at Bernstein point out that traditional polls have often underestimated Trump.

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Hong Kong’s Largest Crypto Exchange Lists Surprise Altcoin!

admin — Wed, 08 May 2024 13:00:59 +0000

HashKey, a licensed cryptocurrency exchange in Hong Kong, has announced the listing of Toncoin (TON) for professional investors.

Positive developments continue in Hong Kong, which is taking important steps towards becoming a cryptocurrency hub.

In this context, HashKey, the first licensed cryptocurrency exchange in Hong Kong, is making altcoin listings for professional investors, and the latest listing is for Toncoin (TON).

Haskey announced that TON trading will start on May 09 and made the following statement:

“We are excited to announce that Toncoin will be listed on HashKey Exchange, a licensed virtual asset exchange in Hong Kong.

The listing information and schedule for TON are as follows:

TON deposit and withdrawal transactions are currently open.

TON trading is scheduled to open on May 09, 2024 at 16:00 (UTC+8).

The listed trading pair will be TON/USD, and this trading pair will only be available to professional investors.”

HasKey has listed many altcoins before. In this context, the exchange announced that it had listed altcoins such as Chainlink (LINK), Aave (AAVE), Cosmos (ATOM), Lido DAO (LDO), Maker (MKR), Polkadot (DOT), Litecoin (LTC) and Compound (COMP) in previous months.

Currently, BTC/USD, ETH/USD, USDT/USD, AVAX/USD, UNI/USD, LINK/USD, LDO/USD, ATOM/USD, AAVE/USD, MKR/USD, DOT/USD, COMP/USD, RNDR/USD, DYDX/USD, LTC/USD, OP/USD pairs are listed.

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