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Bitwise is a renowned crypto asset manager, renowned for managing the world's largest crypto index fund (OTCQX: BITW) and pioneering products covering Bitcoin, Ethereum, DeFi, and crypto-focused equity indexes. Bitwise partners with financial advisors and investment professionals to provide quality education and research.
First batch of prediction market ETFs may launch in the US next week
Odaily reports, according to Bloomberg ETF analyst James Seyffart, the first batch of prediction market ETFs in the United States could launch next week. Roundhill has submitted updated documents to the U.S. Securities and Exchange Commission, aiming to activate six prediction market ETFs on May 5. The products will be designed around event contracts related to the U.S. presidential and congressional elections.Additionally, similar products submitted by GraniteShares and Bitwise may also be launched around the same time. James Seyffart believes this reflects a growing trend of combining event contracts with ETF products. (The Block)
Yesterday, Bitcoin spot ETFs saw a net outflow of $89.65 million.
According to data from Trader T (@thepfund), on April 28, Bitcoin spot ETFs recorded a net outflow of $89.65 million. BlackRock’s IBIT led with an outflow of $112.22 million, followed by Bitwise’s BITB with an outflow of $13.65 million, and Fidelity’s FBTC with an outflow of $4.98 million. Ark’s ARKB recorded a net inflow of $41.20 million, while all other products remained flat.
Bitwise Files Applications for Four “Recession and Layoffs”-Related Prediction Market ETFs
According to Bloomberg ETF analyst James Seyffart, who disclosed the information on X, Bitwise filed applications on Friday morning for four new prediction-market ETFs tied to recession and tech-sector layoffs. All four ETFs are binary-outcome products, specifically: • A recession will occur in 2026 • A recession will not occur in 2026 • Tech-sector layoffs in 2026 will exceed those in 2025 • Tech-sector layoffs in 2026 will be fewer than those in 2025
Yesterday, Ethereum spot ETFs saw a net inflow of $23.38 million.
According to data from Trader T (@thepfund), yesterday’s Ethereum spot ETFs recorded net inflows of $23.38 million. By product: BlackRock’s staking-enabled ETHB saw a single-day inflow of $32.25 million, serving as the primary contributor; BlackRock’s ETHA experienced outflows of $7.71 million, and Fidelity’s FETH saw outflows of $1.16 million; Bitwise, 21Shares, Invesco, Franklin, VanEck, and Grayscale’s respective products all registered zero net flows for the day.
Yesterday, Bitcoin spot ETFs saw a net inflow of $14.47 million.
According to data from Trader T (@thepfund), yesterday’s net inflow into Bitcoin spot ETFs stood at $14.47 million, a sharp decline from the $231.6 million recorded on April 23. By product: BlackRock’s IBIT saw inflows of $22.9 million, and Morgan Stanley’s MSBT recorded $11.13 million—top performers on the day; Fidelity’s FBTC experienced outflows of $1.69 million, Bitwise’s BITB saw $8.85 million in outflows, and ARK’s ARKB recorded $9.02 million in outflows; Invesco, Franklin, Valkyrie, VanEck, WisdomTree, and Grayscale’s respective products all reported zero net flows for the day.
Yesterday, Ethereum spot ETFs saw a net outflow of $75.94 million.
According to data from Trader T (@thepfund), yesterday’s Ethereum spot ETFs recorded a net outflow of $75.94 million. Fidelity’s FETH led with an outflow of $51.3 million, followed by BlackRock’s ETHA at $20.95 million, Grayscale’s ETHE at $10.9 million, 21Shares’ TETH at $9.24 million, and Bitwise’s ETHW at $3.31 million. Only Grayscale’s mini ETF ETH posted a net inflow of $19.76 million; all other products remained flat.
First batch of prediction market ETFs may launch in the US next week
Odaily reports, according to Bloomberg ETF analyst James Seyffart, the first batch of prediction market ETFs in the United States could launch next week. Roundhill has submitted updated documents to the U.S. Securities and Exchange Commission, aiming to activate six prediction market ETFs on May 5. The products will be designed around event contracts related to the U.S. presidential and congressional elections.Additionally, similar products submitted by GraniteShares and Bitwise may also be launched around the same time. James Seyffart believes this reflects a growing trend of combining event contracts with ETF products. (The Block)
Bitwise Updates Hyperliquid ETF Application Filing Again; Ticker Symbol Set as BHYP
According to Bloomberg ETF analyst Eric Balchunas, Bitwise has updated its Hyperliquid ETF application filing again; the proposed ticker symbol is BHYP, with an expense ratio of 67 basis points (0.67%). He noted that such updates typically signal an imminent official launch.
Related news
First batch of prediction market ETFs may launch in the US next week
Odaily reports, according to Bloomberg ETF analyst James Seyffart, the first batch of prediction market ETFs in the United States could launch next week. Roundhill has submitted updated documents to the U.S. Securities and Exchange Commission, aiming to activate six prediction market ETFs on May 5. The products will be designed around event contracts related to the U.S. presidential and congressional elections.Additionally, similar products submitted by GraniteShares and Bitwise may also be launched around the same time. James Seyffart believes this reflects a growing trend of combining event contracts with ETF products. (The Block)
Yesterday, Bitcoin spot ETFs saw a net outflow of $89.65 million.
According to data from Trader T (@thepfund), on April 28, Bitcoin spot ETFs recorded a net outflow of $89.65 million. BlackRock’s IBIT led with an outflow of $112.22 million, followed by Bitwise’s BITB with an outflow of $13.65 million, and Fidelity’s FBTC with an outflow of $4.98 million. Ark’s ARKB recorded a net inflow of $41.20 million, while all other products remained flat.
Bitwise CIO: Bitcoin's Recent Rally Primarily Driven by Strategy's Accumulation
Bitwise Chief Investment Officer Matt Hougan stated that the core driver behind Bitcoin's recent 20% rally is Michael Saylor's company, Strategy. According to monitoring, Strategy has added $7.2 billion worth of Bitcoin over the past eight weeks. Although Bitcoin ETFs have purchased $380 million since March 1st and long-term holders have resumed buying, Strategy remains the most significant influencing factor. To date, Strategy holds a total of 818,334 Bitcoins, surpassing BlackRock's holdings. Hougan pointed out that Strategy raises funds by issuing perpetual preferred stock STRC to purchase Bitcoin. If Bitcoin continues to grow, its holdings could exceed those of Satoshi Nakamoto within two years. The current price of Bitcoin is approximately $76,486.
Bitwise Files Applications for Four “Recession and Layoffs”-Related Prediction Market ETFs
According to Bloomberg ETF analyst James Seyffart, who disclosed the information on X, Bitwise filed applications on Friday morning for four new prediction-market ETFs tied to recession and tech-sector layoffs. All four ETFs are binary-outcome products, specifically: • A recession will occur in 2026 • A recession will not occur in 2026 • Tech-sector layoffs in 2026 will exceed those in 2025 • Tech-sector layoffs in 2026 will be fewer than those in 2025
Yesterday, Ethereum spot ETFs saw a net inflow of $23.38 million.
According to data from Trader T (@thepfund), yesterday’s Ethereum spot ETFs recorded net inflows of $23.38 million. By product: BlackRock’s staking-enabled ETHB saw a single-day inflow of $32.25 million, serving as the primary contributor; BlackRock’s ETHA experienced outflows of $7.71 million, and Fidelity’s FETH saw outflows of $1.16 million; Bitwise, 21Shares, Invesco, Franklin, VanEck, and Grayscale’s respective products all registered zero net flows for the day.
Yesterday, Bitcoin spot ETFs saw a net inflow of $14.47 million.
According to data from Trader T (@thepfund), yesterday’s net inflow into Bitcoin spot ETFs stood at $14.47 million, a sharp decline from the $231.6 million recorded on April 23. By product: BlackRock’s IBIT saw inflows of $22.9 million, and Morgan Stanley’s MSBT recorded $11.13 million—top performers on the day; Fidelity’s FBTC experienced outflows of $1.69 million, Bitwise’s BITB saw $8.85 million in outflows, and ARK’s ARKB recorded $9.02 million in outflows; Invesco, Franklin, Valkyrie, VanEck, WisdomTree, and Grayscale’s respective products all reported zero net flows for the day.