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24 Jan 2026, 09:50
ARK Invest seeks approval for CoinDesk 20 crypto index ETFs

Cathie Wood’s ARK Investment Management has taken a bold step into diversified cryptocurrency investment products by filing with U.S. regulators to launch two new exchange‑traded funds (ETFs) tied to the CoinDesk 20 crypto index, a major milestone in bringing broader crypto market exposure into traditional markets beyond just Bitcoin. The filings, submitted to the U.S. Securities and Exchange Commission (SEC) on January 23, propose ETFs that would track the CoinDesk Crypto 20 Index, a benchmark measuring the performance of 20 leading digital assets by adjusted market capitalization. One ETF would cover Bitcoin and large altcoins like Ether , Solana, XRP, and Cardano, while another fund would exclude Bitcoin and use long index futures and short Bitcoin futures. Ark Invest to list the new ETFs on NYSE Arca ARK Invest’s new ETFs are set to debut on NYSE Arca, as the asset manager joins other companies vying for investors in diversified crypto ETFs. Late last year, WisdomTree also filed to register a CoinDesk 20 Fund in Delaware, marking a preliminary step toward a U.S.-listed ETF tracking the CoinDesk 20 index of the largest cryptocurrencies by market value. Moreover, similar to Cathie Wood’s firm, ProShares is seeking to introduce a CoinDesk Crypto 20 ETF that would track the index through derivatives rather than owning cryptocurrencies outright. Meanwhile, aside from the planned ETF launches, Cathie Wood’s firm has been dipping its hand in several other investments. For instance, Wood snapped up $7.27 million worth of Netflix shares on January 21. ARK’s Next Generation Internet ETF added 83,368 shares of Netflix Inc. despite the streaming company’s recent earnings release, which showed mixed performance. Over the past six months, Netflix stock has lost over 31% of its value; nonetheless, it still represents a 150% gain over the past three years. Around the same time, ARK Genomic Revolution ETF and ARK Innovation ETF collectively purchased 89,501 shares of Tempus AI, while ARKQ purchased 111,439 shares of WeRide Inc. ARK Invest maintains its 2030 bullish Bitcoin projections With one of its planned ETFs excluding Bitcoin, it raises questions about whether the company is losing faith in the asset. Nevertheless, speaking recently on Bitcoin, ARK’s David Puell said the next phase of the BTC market will be driven less by belief in the asset and more by the level and structure of investor exposure. He remarked, “In prior cycles, a lot of the infrastructure was still being built. Now the question is no longer if you invest in Bitcoin, but how much Bitcoin you want and through what vehicle.” For the time being, he found, the ETFs and digital asset treasury structures already have absorbed about 12% of Bitcoin’s total supply, well above expectations, and have been a significant source of price movement through 2025 — a trend he said would only continue into 2026. But he noted that, although demand has surged, early Bitcoin holders are taking profits at price peaks. However, the firm still has a bullish long-term outlook for Bitcoin, with a bear case around 2030 of roughly $300,000, a base case near $710,000, and a bull case of about $1.5 million per Bitcoin. Bitcoin fuels the firm’s lower and base-case estimates, and institutional adoption is the largest driver of the bull-case projections, according to Puell. He further commented that macro conditions — possibly the end of U.S. monetary tightening — could bolster Bitcoin, as risk assets generally thrive amid elevated liquidity. He remarked, “For bitcoin, U.S. liquidity matters more than global M2.” Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
24 Jan 2026, 09:47
Bitcoin Lags Behind as Markets Surge Post-Trump’s Victory

Bitcoin underperformed despite strong market gains after Trump's 2024 election win. Quantum computer fears were suggested but debated within the community. Continue Reading: Bitcoin Lags Behind as Markets Surge Post-Trump’s Victory The post Bitcoin Lags Behind as Markets Surge Post-Trump’s Victory appeared first on COINTURK NEWS .
24 Jan 2026, 09:29
XRP Looking Better After Finally Breaking First Higher High in 6 Months

After six months of witnessing lower highs and lower lows amid a market downtrend, XRP has finally broken the bearish structure with a new higher high. XRP is gradually pushing toward new territories after months of a sustained downtrend. Visit Website
24 Jan 2026, 09:20
XRP Stands With Purpose, People Betting Against XRP Will Regret It: Top CEO

A prominent wealth expert argues that XRP’s value goes far beyond price speculation, warning that those betting against the asset are likely to regret it. Although XRP plays a clear role in cross-border settlements, critics have often downplayed this utility and dismissed the token as just another speculative play. Visit Website
24 Jan 2026, 09:19
Cyber Hornet seeks S&P Crypto 10 ETF amid rising demand for spot baskets

Cyber Hornet has filed for the registration of the S&P Crypto 10 ETF (CTX) with the Securities and Exchange Commission. The CTX index seeks to offer exposure to the top 10 cryptocurrencies by market cap from the S&P Cryptocurrency Broad Digital Asset index. The CTX index has favored BTC and ETH, allocating 69% to BTC and 14% to ETH. Additionally, XRP holding exposure stands at 5%, Binance Coin at 4%, Solana at 2%, TRON at 1%, Cardano at 0.5%, Bitcoin Cash at 0.4%, Chainlink at 0.3%, and Stellar at 0.2%. Balchunas says the CTX basket could be the first S&P-linked spot ETF Eric Balchunas, a senior ETF analyst for Bloomberg, revealed that Cyber Hornet is filing for the S&P Crypto 10 ETF (CTX), which could mark the first S&P-linked spot basket. According to Balchunas, the race for crypto basket ETF supremacy is just heating up, signaling intensified competition among issuers for diversified spot-exposure products. Cyber Hornet filing for S&P Crypto 10 ETF (CTX), which (i think) could be first S&P-linked spot basket. THE RACE FOR CRYPTO BASKET ETF SUPREMACY IS HEATING UP.. Holdings breakdown: Bitcoin (69%), Ethereum (14%), XRP (5%), Binance Coin (4%), Solana (2%), TRON (1%), Cardano… pic.twitter.com/bamvvf8MFA — Eric Balchunas (@EricBalchunas) January 23, 2026 The CTX basket largely favors BTC, making it a Bitcoin-dominant ETF. The move highlights BTC’s dominance across the crypto space, currently commanding over $1.5 trillion in market capitalization, while the closest asset, ETH, commands only $356 billion. BTC dominance is up 59% as of now, followed by ETH at 11%; the rest of the cryptocurrencies command a cumulative 29% share of the market. At the time of publication, BTC was down 5.97% on the weekly chart, trading at $89,449, with a market cap of $1.79 trillion. ETH had lost 10.24% on the weekly chart, trading at $2,953, with a market cap of $356.4 billion. The third-largest token by market cap so far is XRP, with a market cap of $116.5 billion. The XRP token was down 7% on the weekly chart, trading at $1.91. According to a Cryptopolitan report , spot crypto ETFs typically offer the most direct exposure to crypto by holding BTC, ETH, and XRP. The spot ETF’s value moves in correlation with the real-time price of the underlying token, with minimal deviation. BlackRock’s IBIT ETF leads the Spot BTC ETF space As of now, BlackRock’s iShares Bitcoin Trust (IBIT) ETF is one of the largest spot BTC ETFs. Additionally, there is the VanEck Ethereum ETF (ETHV), providing exposure to Ethereum, and the REX Osprey SOL plus Stacking ETF (SSF) for Solana. Meanwhile, crypto ETFs tracking BTC hold approximately 1,502,560 BTC, according to on-chain data . That is roughly $134.5 billion in value, commanding approximately 7% of the total BTC supply. IBIT ETF commands the space, with total net assets of $69.75 billion, followed by Fidelity Wise Origin Bitcoin Fund (FBTC), with total net assets of $17.37 billion. US BTC Spot ETF breakdown. Source: SoSoValue . Grayscale’s Bitcoin Trust (GBTC) is the third-largest spot crypto ETF for BTC, with total net assets of around $14.4 billion. At the time of publication, IBIT ETF had realized a cumulative net inflow of $62.9 billion, FBTC had $11.46 billion, while GBTC had lost approximately $25.5 billion due to withdrawals. Investors have shown interest in ETFs due to their regulatory oversight, which provides greater transparency and protection. ETFs also offer easy access, just like regular stocks traded on U.S. stock exchanges. The CTX ETF offers diversified risk by holding multiple crypto assets. The strategy tends to spread the risk across such that if one asset in the basket underperforms, others might be in the green, balancing out the portfolio. If you're reading this, you’re already ahead. Stay there with our newsletter .
24 Jan 2026, 09:18
SNX Market Commentary: Critical Support Test in Downtrend on January 24, 2026

SNX at $0.42 is testing critical supports in the downtrend; RSI 41.81 and MACD bearish signals confirm weakness. BTC downtrend increases altcoin risk, 0.3830 break should be watched carefully.













































