hodler

16 Apr 2026, 17:36

Institutional Demand Continues To Rise For Regulated Exposure To BTC As Bitwise Core Bitcoin ETP (BTC1) Hits $100 Million AUM

Bitwise Asset Management hit a new milestone as the Bitwise Core Bitcoin ETP (BTC1) officially crosses over $100 million in assets under management (AUM), continuing its growth and expansion of investment products for digitally-native investors. This is a proud accomplishment not only for Bitwise, but for the entire cryptocurrency investment ecosystem and an indication that institutional investors want to continue to maintain exposure to Bitcoin enhanced by regulation. In a market swept up in the currents of volatility and sentiment, this steady growth of BTC1 suggests a more substantial and structural demand that is rising above our year-on-year negative price action. BTC1 has surpassed USD 100 million in assets under management! We’re thankful for the trust of our investors and proud to be part of a growing Bitcoin ecosystem. https://t.co/U3YtRMArxV — Bitwise (@Bitwise) April 16, 2026 Institutional Demand Still Strong Even As Market Whipsaws The explosive growth of the Bitwise Core Bitcoin ETP to over $100 million in AUM highlights one major trend emerging within the digital asset market: institutional demand for Bitcoin exposure is robust. Regardless of temporary shifts in crypto markets influenced by macro environments, regulatory surprise or liquidity cycles, institutional participants still desire structured compliant pathways to gain exposure to Bitcoin. Assets such as BTC1, do just that; regulated, transparent and open exposure designed for institutional capital. Exchange-traded products offer easy access without the custody risks and operational headaches associated with direct ownership of Bitcoin, while still being relatively consistent with traditional financial paradigms. What makes them particularly appealing to asset managers, family offices, and institutional allocators alike is that they offer the authority of regulation as well as operational efficiency. BTC1 growth implies that volatility is not a barrier to entry for many investors, but rather actually an entry point, if the exposure is provided through trusted and well regulated channels. Growth in BTC1 Reflects Growth In Regulated Crypto Infrastructure BTC1 being able to complete underscores the continued maturation of crypto investment infrastructure. With the industry evolving, prioritisation of solving the problem of collapsing the barriers between decentralized assets and traditional financial systems has also increased over time. Bitwise Asset Management has set itself at the forefront of that shift, with products that can fit within traditional investment paradigms, providing continued exposure to the underlying digital asset sector. The milestone of hitting a $100 million milestone is not just a number, it symbolizes the growing faith in regulated crypto products as a legitimate asset class for binding CVA programs together within diversified portfolios. Instead of treating Bitcoin exclusively like a speculative tool where investors learn the limits, they are starting to see it as an allocation choice. Combined with advancements in custody solutions, regulatory clarity in certain jurisdictions, and ETP/ETF investment vehicles being introduced broadly, this transition is already well underway. Bitwise Network Market Positioning Power From Global Reach Meanwhile, the success of BTC1 also heralds Bitwise’s growing presence in global digital asset infrastructure. With the global demand to obtain Bitcoin exposure continuing to increase across different regions, asset managers who can offer compliant and scalable products are winning. Might not sound like much, but Bitwise wanting to draw so much capital into BTC1 speaks to a little brand strength and strategic positioning. With a commitment towards transparency, regulatory alignment and the education of investors at all levels, the firm is earning trust from institutional players. This is especially relevant for a market where credibility impacts directly. In an era of heightened scrutiny, both from regulators and investors and greater sophistication in sustainable investing methodologies, it is now the firms that can demonstrate maintaining a consistent background against set standards who provide consistency in long-term inflows. This BTC1 milestone is thus both the proof that Bitwise’s strategy works, and a signifier of its increasing impact on how institutions will gain access to digital assets in the future. Bitcoin ETPs Are the Investment Vehicle of Choice BTC1’s growing popularity reflects a greater trend in which Bitcoin exchange traded products (ETPs) are emerging as investment vehicles of choice for institutional players. These products also come with multiple benefits, from accessibility, liquidity to integration with traditional brokerage and custody infrastructure. This strips away the friction of owning crypto directly, while continuing to provide exposure to Bitcoin prices for much of the investor set. This means that ETPs are growing to be the institutional bridge between conventional finance and the crypto market. Bitcoin’s growth reflects the changing view of Bitcoin from merely a type of assets to an essential element in a series of diversified investment strategies. The persistent inflow into BTC1 indicates that the trend is picking up speed, and more institutions appear to be choosing structured exposure instead of dealing with on-chain complexities. A Long Term bullish sign for Bitcoin In summary, the Bitwise Core Bitcoin ETP has hit $100 million AUM that signifies that institution confidence in bitcoin is a thing of 2020 as well. For those wanting exposure to Bitcoin (and despite price fluctuations in the short term), demand is still growing for it as a justified asset and more regulated, accessible investment vehicles. This phenomenon signals a long-term trend towards full integration of digital assets, Cahill explained. BTC1 represents a major milestone in Bitwise’s more expansive goal of making cryptoinvestments available to anyone. It continues to enforce the narrative that not only is institutional adoption approaching but more broadly growing. With capital increasingly flooding into regulated products, institutions like Bitwise Asset Management are likely to be central players in shaping the next chapter of digital asset adoption which trust, structure and accessibility shapes the way forward. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

16 Apr 2026, 17:35

GBP/USD Plummets: Strong US Jobs Data Crushes Optimistic Risk Sentiment

BitcoinWorld GBP/USD Plummets: Strong US Jobs Data Crushes Optimistic Risk Sentiment The GBP/USD currency pair experienced significant downward pressure on Friday, December 12, 2025, as unexpectedly robust US employment figures overwhelmed previously optimistic market sentiment. This development represents a crucial pivot point for forex traders and global investors monitoring the delicate balance between transatlantic economic strength. GBP/USD Technical Breakdown and Immediate Reaction Market data reveals the GBP/USD pair dropped approximately 0.8% following the US Non-Farm Payrolls release. Initially trading around 1.2850 during the London session, the pair swiftly declined to test the 1.2750 support level. Consequently, this movement erased gains accumulated earlier in the week. Technical analysts immediately identified key resistance levels that held firm against bullish attempts. Several factors contributed to this rapid reversal. First, the US Dollar Index (DXY) surged 0.6% on the news. Second, Treasury yields climbed across the curve. Third, market participants rapidly adjusted their Federal Reserve policy expectations. These simultaneous developments created substantial headwinds for the British pound. US Employment Data Exceeds All Forecasts The Bureau of Labor Statistics reported the US economy added 275,000 jobs in November 2025. This figure substantially surpassed consensus estimates of 190,000. Additionally, the unemployment rate held steady at 3.7%. Wage growth also accelerated slightly, with average hourly earnings increasing 0.4% month-over-month. This employment report carries significant implications. It suggests the US labor market maintains remarkable resilience despite previous tightening cycles. Furthermore, it provides the Federal Reserve with continued flexibility regarding monetary policy. Market participants now anticipate fewer rate cuts in 2025 than previously projected. Comparative Economic Strength Analysis Economic analysts highlight the growing divergence between US and UK economic indicators. While US employment remains robust, UK data presents a more mixed picture. Recent UK GDP figures showed modest growth of 0.2% in Q3 2025. Meanwhile, British inflation has decelerated faster than anticipated. The Bank of England faces different policy constraints than the Federal Reserve. UK policymakers must balance inflation control against economic growth concerns. This fundamental divergence explains why strong US data disproportionately impacts the currency pair. Risk Sentiment Dynamics and Currency Correlations Earlier in the week, global risk appetite had improved considerably. Positive developments in US-China trade relations and encouraging European economic data supported this optimism. Equity markets reached new highs while commodity currencies gained ground. The British pound initially benefited from this environment. However, the strong US jobs report fundamentally altered market calculus. Traders quickly reassessed the interest rate differential outlook. Historically, the GBP/USD pair exhibits strong correlation with risk sentiment indicators. When risk appetite diminishes, the US dollar typically strengthens as a safe-haven currency. The table below illustrates key correlations observed during this market movement: Asset/Indicator Correlation with GBP/USD Post-Data Movement US Dollar Index -0.85 +0.6% US 10-Year Yield -0.72 +12 basis points FTSE 100 Index +0.45 -0.3% Gold Price +0.38 -1.2% Central Bank Policy Implications The Federal Reserve’s December policy meeting now assumes greater significance. Market participants will scrutinize the updated dot plot and economic projections. Strong employment data reduces pressure for imminent rate cuts. Consequently, the dollar may maintain its yield advantage for longer. Conversely, the Bank of England faces different considerations. UK inflation has moderated to 2.1% as of November 2025. This development suggests the tightening cycle has achieved its primary objective. However, policymakers remain cautious about declaring victory prematurely. Key factors influencing central bank decisions include: Inflation persistence in services sectors Wage growth momentum and labor market tightness Global economic conditions and trade dynamics Financial stability considerations Historical Context and Market Memory Seasoned traders recall similar episodes from previous cycles. In 2018, strong US jobs data triggered dollar rallies that persisted for months. However, the current economic backdrop differs substantially. Global debt levels are higher while geopolitical tensions create additional uncertainty. The 2023-2024 period demonstrated how quickly currency trends can reverse. Therefore, analysts caution against extrapolating single data points into long-term forecasts. Market participants should monitor upcoming economic releases for confirmation of trends. Technical Outlook and Trading Levels Technical analysis provides crucial context for the GBP/USD movement. The pair has traded within a defined range since September 2025. Support around 1.2700 has held on multiple tests while resistance near 1.3000 has capped advances. Following the jobs report, several technical indicators flashed warning signals: The 50-day moving average crossed below the 100-day average Relative Strength Index (RSI) entered oversold territory below 30 Trading volume spiked to 150% of the 20-day average Critical support and resistance levels for the coming week include: Immediate support: 1.2720 (November low) Major support: 1.2650 (200-day moving average) Immediate resistance: 1.2820 (pre-data level) Major resistance: 1.2920 (weekly high) Global Macroeconomic Implications The GBP/USD movement reflects broader global economic trends. Strong US data suggests the world’s largest economy continues outperforming peers. This development has implications for capital flows, trade balances, and monetary policy coordination. Emerging market currencies face particular challenges when the dollar strengthens. Higher US yields can trigger capital outflows from developing economies. Meanwhile, commodity prices often face downward pressure in dollar-strength environments. European policymakers monitor these developments closely. The euro and pound frequently move in correlation against the dollar. Therefore, the European Central Bank may consider the implications for its own policy trajectory. Conclusion The GBP/USD currency pair demonstrated its sensitivity to fundamental economic data with its sharp decline following strong US jobs numbers. This movement highlights the ongoing divergence between US and UK economic performance while underscoring the dollar’s continued responsiveness to domestic strength. Market participants must now assess whether this represents a temporary adjustment or the beginning of a more sustained trend. The coming weeks will provide crucial evidence through additional economic releases and central bank communications. Ultimately, the GBP/USD trajectory will depend on the relative pace of economic normalization across the Atlantic. FAQs Q1: What caused the GBP/USD to decline? The GBP/USD declined primarily due to stronger-than-expected US employment data, which reduced expectations for Federal Reserve rate cuts and boosted the US dollar’s appeal. Q2: How does US jobs data affect currency markets? Strong US jobs data typically strengthens the US dollar by suggesting economic resilience, potentially leading to higher interest rates or delayed rate cuts from the Federal Reserve. Q3: What is the relationship between risk sentiment and GBP/USD? GBP/USD often correlates positively with global risk appetite. When investors feel optimistic, they may favor higher-yielding currencies like the pound over the safe-haven US dollar. Q4: What technical levels are important for GBP/USD now? Key levels include support at 1.2720 and 1.2650, with resistance at 1.2820 and 1.2920. The 200-day moving average around 1.2650 represents particularly significant support. Q5: How might central bank policies affect GBP/USD going forward? Diverging policies between the Federal Reserve and Bank of England could drive future movements. If the Fed maintains higher rates while the BOE cuts, this would likely pressure GBP/USD lower. This post GBP/USD Plummets: Strong US Jobs Data Crushes Optimistic Risk Sentiment first appeared on BitcoinWorld .

16 Apr 2026, 17:31

Royal Government of Bhutan Sells Another $18.47M as BTC Price Reclaims $74k

The Royal Government of Bhutan moved about 250 BTC worth $18.46 million in the past 24 hours, extending a broader reduction in its publicly tracked Bitcoin holdings. Data cited from Arkham showed multiple transfers, including 162 BTC and 69.7 BTC, sent to new wallet addresses within a short period. The latest movement has added to market focus on Bhutan’s treasury activity at a time when Bitcoin is trading near a key resistance range. Bhutan’s recent transfers are part of a longer selling trend in 2026. The country has moved 3,247 BTC this year, with total outflows valued at roughly $240.4 million at current prices. Other reports placed the sold amount near $198 million depending on the pricing period used. Following the latest transactions, Bhutan’s wallets hold about 3,524 BTC, worth around $260 million to $264 million. That is down sharply from a peak near 13,000 BTC recorded in late 2024. Bhutan’s Bitcoin Treasury Keeps Shrinking Bhutan built much of its Bitcoin reserve through hydropower-backed mining, using surplus energy to support state-linked accumulation. Recent on-chain activity, however, has pointed to reduced inflows and continued outflows. Arkham data indicated that the last Bitcoin inflow above $100,000 to Bhutan-linked wallets took place more than a year ago. That has led to renewed attention on whether the country’s mining operations have slowed or whether policy priorities have shifted toward liquidity. The latest batch of transfers also followed a pattern seen in earlier Bhutan transactions. Some previous movements were linked by analysts to wallets that later routed funds to platforms such as Galaxy Digital and OKX. While the destination of the newest transfers has not been confirmed as an exchange, the size and sequencing of the transactions have kept traders focused on the possibility of further sales. Bitcoin Price Nears Key On-Chain Ceiling Bhutan’s wallet activity is unfolding as Bitcoin trades close to a major resistance zone identified by on-chain analysts. Bitcoin climbed to an intraday high of $76,038 earlier this week before easing back toward the mid-$74,000 area. Glassnode said the market is moving through a resistance band between $74,000 and $76,000, while CryptoQuant placed another closely watched level near $76,800, described as the Traders’ Realized Price. CryptoQuant said Bitcoin holders who accumulated between $65,000 and $76,000 are now in profit, creating a broader pool of unrealized gains. The firm also reported that large deposits rose from less than 10% to more than 40% of total exchange inflows within days, a shift that pointed to heavier activity from larger holders. Daily realized profits were said to be near $500 million on Wednesday, still below the $1 billion level that has often appeared near local tops during bear market rallies. Mining Economics Show Partial Relief Bitcoin’s recent price recovery has also offered some relief to mining operators. The supplied material said the average all-in cost of producing one BTC was around $79,500 as of mid-Wednesday, still above spot price but narrower than the gap seen in recent months. The next network difficulty adjustment , scheduled for April 17, was forecast to fall by nearly 3%, which would take difficulty to just under 135 trillion hashes. At the same time, mining conditions remain under pressure. Reports said the Bitcoin network hash rate fell 4% during the first quarter of 2026, with some observers linking the drop to unprofitable older machines being shut down. Other miners have continued shifting toward AI and high-performance computing services for more stable revenue.

16 Apr 2026, 17:29

Why are top crypto stocks RIOT, BTDR, & CIFR under pressure?

16 Apr 2026, 17:26

Charles Schwab Weighs Prediction Markets Move as Bitcoin, Ethereum Trading Nears

Charles Schwab President and CEO Rick Wurster indicated that America’s largest discount brokerage will likely support prediction markets.

16 Apr 2026, 17:21

One of Leading Software Wallets Throws Weight Behind XRPL

The publicly traded developer behind the popular non-custodial software wallet, has announced a massive expansion of its XRP Ledger (XRPL) capabilities.