MARKETS DAILY: Crypto Update | Will the End of the Quarter Impact Crypto Markets?

CoinDesk Podcast Network

The latest price moves and insights with Helene Braun and Bret Kenwell, Equity and Options Analyst at eToro.

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On "Markets Daily," Bret Kenwell, Equity and Options Analyst at eToro, joins Markets Daily to share insights on the impact of the end of the quarter on the crypto market and the increasing institutional allocation to Bitcoin. Helene and Bret discuss the potential for spot Bitcoin ETFs in different regions, including Hong Kong. Additionally, they explore the correlation between Bitcoin and the stock market and the potential for a Litecoin ETF.

Takeaways |

• The end of the quarter can have an impact on the crypto market as investors reposition their portfolios for the next quarter.
• Institutional allocation to Bitcoin is increasing, with some experts suggesting that even a 5% allocation from big institutions could lead to significant price increases.
• The approval of spot Bitcoin ETFs in different regions, such as Hong Kong, can open up new opportunities for investors and drive higher demand for Bitcoin.
• The correlation between Bitcoin and the stock market, particularly the NASDAQ, suggests that Bitcoin can act as a leading indicator for market movements.

LINKS |

Dogecoin Futures Trading -- Coinbase Will Offer DOGE Derivatives | CCN.com

Coinbase secures CFTC approval to list Dogecoin futures

Coinbase Is More Than Just a Crypto Exchange: JMP Securities

Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase

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This episode was hosted by Helene Braun. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, Melissa Montañez—all original music by Doc Blust and Colin Mealey.

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