BlackRock Expands Bitcoin ETF Reach With Upcoming ASX Listing

BlackRock Expands Crypto Footprint to Australia with Bitcoin ETF

The world’s largest asset manager, BlackRock, is extending its crypto footprint to Australia by introducing a Bitcoin exchange-traded fund (ETF). This move signals deepening institutional adoption of digital assets and highlights Bitcoin’s growing role in global investment strategies.

BlackRock Pushes Bitcoin ETF to a New Frontier

BlackRock is bringing its flagship Bitcoin ETF to Australia, aiming to replicate the success of its U.S. counterpart while tapping into a growing appetite for digital assets in the region. The ASX-listed iShares Bitcoin ETF (IBIT) is expected to debut later this month, offering local investors direct exposure to Bitcoin through a regulated and transparent framework.

This launch follows IBIT’s record-setting rise in the United States, where the fund attracted over $98 billion in assets under management within just two years and generated more than $240 million in annual fees. The move marks a major expansion of BlackRock’s crypto strategy and demonstrates strong confidence in Bitcoin’s role as a core institutional asset.

According to Tamara Stats, who oversees institutional client business for BlackRock Australasia, the ETF’s arrival reflects both market maturity and increasing investor demand. “Institutions increasingly view Bitcoin as a complementary asset within diversified portfolios,” she explained, adding that the ETF provides a “familiar and transparent” way to gain exposure to digital assets.

Expanding ETF Options Beyond Crypto

While the Bitcoin ETF is currently drawing the headlines, BlackRock is also broadening its traditional investment offerings in Australia. The firm recently unveiled plans for the iShares Core Global Aggregate Bond ETF (AGGG), which targets investment-grade bonds from governments and corporations worldwide.

This new bond ETF will carry a 0.18% management fee and track the Bloomberg Global Aggregate Bond Index (AUD Hedged). Steve Ead, Head of Global Product Solutions at BlackRock Australasia, emphasized that this addition strengthens BlackRock’s commitment to providing “tools that make diversified portfolio construction easier for Australian investors.”

“Our goal is to democratize access whether that’s global bonds or Bitcoin so investors can participate in evolving markets more efficiently,” Ead stated, highlighting the firm’s broader mission beyond simply launching new products.

Institutional Momentum Builds

The timing of BlackRock’s Australian Bitcoin ETF launch coincides with a rapid acceleration in institutional participation in crypto markets. Over the past year, major funds and endowments have entered the Bitcoin market, including Harvard University’s notable $100 million allocation to a U.S.-listed Bitcoin ETF.

Analysts at Deutsche Bank have projected that Bitcoin could eventually be included on central bank balance sheets before the end of the decade—a scenario that was once unthinkable but is now increasingly plausible as ETFs make exposure simpler and more accessible.

BlackRock’s own inflow data further underscores this trend: in the third quarter alone, the company’s iShares ETFs attracted $153 billion, pushing total ETF assets under management to an impressive $5 trillion.

A Defining Moment for Bitcoin ETFs

The introduction of IBIT on the Australian Securities Exchange marks a new chapter in how global investors engage with cryptocurrency markets. For BlackRock, this listing reinforces its position at the forefront of integrating digital assets within traditional finance.

The ETF’s net asset value (NAV) currently sits at approximately $60.56, reflecting a 16.74% gain year-to-date despite recent market volatility. With strong demand for Bitcoin exposure and expanding ETF infrastructure, BlackRock’s latest move is poised to open the door for a new wave of institutional participation throughout the Asia-Pacific region.

As the line between crypto and conventional finance continues to blur, BlackRock’s Australian launch underscores a larger truth: Bitcoin is no longer a fringe experiment—it is fast becoming a pillar of the global investment landscape.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

About the Author

Alex is an experienced financial journalist and cryptocurrency enthusiast with over eight years of experience covering the crypto, blockchain, and fintech industries. He is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear understanding of the latest developments and trends in the market.

Alex’s approach focuses on breaking down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics in the financial and crypto landscape.

https://bitcoinethereumnews.com/bitcoin/blackrock-expands-bitcoin-etf-reach-with-upcoming-asx-listing/

Bitwise and Grayscale Push Ahead: XRP and Dogecoin ETFs Set to Launch Without SEC Approval

**Bitwise and Grayscale Launch XRP & Dogecoin ETFs Despite SEC Delay**

Bitwise and Grayscale are moving ahead with plans to launch crypto exchange-traded funds (ETFs) tracking XRP and Dogecoin, despite delays and regulatory silence from the U.S. Securities and Exchange Commission (SEC). Both firms have publicly disclosed the management fees for their ETFs even without official SEC approval, adopting an unconventional approach by listing their products without waiting for the agency’s sign-off.

### Bitwise’s XRP ETF Moves Forward Amid SEC Uncertainty

Bitwise plans to launch its XRP ETF with a management fee of 0.34%. This move comes amid ongoing SEC regulatory silence caused in part by the U.S. government shutdown. Bitwise is following a strategy similar to its recent Solana ETF launch, which experienced strong inflows on its first day of trading.

The current crypto ETF market is experiencing increased activity, and Bitwise is leveraging this momentum. The government shutdown has limited the SEC’s ability to review and approve new filings, which has created an opening for firms like Bitwise to bypass traditional delays.

Using new SEC listing standards, Bitwise aims to list the XRP ETF without requiring direct SEC approval. The firm’s previous ETF launches, such as the Solana ETF that raised $56 million on debut, serve as encouraging benchmarks. Bitwise expects that its XRP ETF will tap into similar market enthusiasm. If successful, this could set a precedent for faster crypto ETF launches, even amid regulatory uncertainty.

### Grayscale’s Dogecoin ETF Follows a Similar Path

Grayscale has also adopted a proactive approach by filing to launch both XRP and Dogecoin ETFs. The firm disclosed a management fee of 0.35% for these products. Like Bitwise, Grayscale is navigating the ambiguous regulatory environment to bring its crypto ETFs to market.

Grayscale’s decision to launch without SEC approval follows its previous strategy with the Solana ETF, which it listed prior to receiving the SEC’s greenlight. The Dogecoin ETF aims to capitalize on growing investor interest in crypto-based ETFs, reflecting increasing demand for alternative investment products.

This approach aligns with a broader trend in the crypto sector, where new SEC listing rules allow ETFs to move forward as long as the S-1 registration statement is filed, without requiring formal SEC sign-off.

### Crypto ETFs Gain Momentum Amid Regulatory Changes

Both Bitwise and Grayscale are part of a larger movement of firms launching crypto ETFs despite regulatory uncertainties. The SEC’s updated procedures for approving crypto ETFs have paved the way for faster listings.

While the SEC has yet to provide final approval for these products, it has clarified that ETFs meeting listing requirements may be listed automatically. This evolving landscape could soon reshape digital asset investing.

With new crypto ETF products from Bitwise, Grayscale, and others entering the market, billions in new capital could flow into these assets in the near future. As these ETFs launch, they may represent a turning point in the investment space, granting firms greater freedom to innovate despite ongoing challenges posed by the SEC and government shutdowns.
https://coincentral.com/bitwise-and-grayscale-push-ahead-xrp-and-dogecoin-etfs-set-to-launch-without-sec-approval/

Bitcoin’s Realized Cap Rises $8B Amid Inflows, ETF Recovery Could Drive Price to $140K

Bitcoin’s Realized Cap Rise Signals Robust Demand as Price Climbs Above $110,000

Bitcoin’s realized capitalization has surged by more than $8 billion over the past week, pushing the total value beyond $1.1 trillion. This rise corresponds with the cryptocurrency’s realized price surpassing $110,000, according to data from CryptoQuant. The realized cap measures the total dollar value of all Bitcoin coins based on their last moved price, providing insight into the overall investment held by holders.

This upward movement underscores resilient onchain inflows despite lingering negative sentiment following the recent $19 billion crypto market downturn. Key contributors to these inflows include Bitcoin treasury firms and exchange-traded funds (ETFs), which have remained significant accumulators. Ki Young Ju, founder and CEO of CryptoQuant, noted that demand has heavily relied on these entities, though their buying activity has recently slowed. This suggests that while onchain signals reveal strong underlying interest, broader price recovery may depend on the resumption of aggressive acquisitions.

How Are Bitcoin Miners Contributing to Network Growth?

Ki Young Ju describes the rising Bitcoin hash rate as a “clear long-term bullish signal” for Bitcoin’s evolution as a reliable store of value. Several major mining operations have scaled their fleets recently. For example, American Bitcoin—a firm linked to the Trump family—acquired 17,280 application-specific integrated circuits (ASICs) at a cost of approximately $314 million, as reported in August.

These expansions not only increase mining efficiency but also reflect strong confidence in Bitcoin’s future despite geopolitical and economic uncertainties. The increased hash rate strengthens the blockchain against potential attacks, supporting sustained network health. Data from CryptoQuant shows miners escalating their activity even as market sentiment remains in “Fear” territory, demonstrating operational resilience that could help stabilize prices.

Despite these positive onchain indicators, overall investor confidence remains subdued after the sharp market decline experienced at the start of October. However, external factors such as potential Federal Reserve interest rate cuts could trigger a market turnaround.

Frequently Asked Questions

What Role Do ETFs Play in Bitcoin’s Price Recovery?

ETFs have been major drivers of Bitcoin demand, significantly contributing to the recent $8 billion realized cap increase through consistent inflows. Although purchasing activity from ETFs has recently slowed, CryptoQuant highlights that a resurgence—potentially between $10 billion and $15 billion in inflows—could push Bitcoin’s price toward $140,000 in November, according to projections from Bitfinex analysts.

Will Bitcoin Reach $140,000 in November Based on Current Trends?

Yes. Bitcoin could climb to $140,000 by November if ETF inflows double and the Federal Reserve implements two interest rate cuts in the fourth quarter. Seasonal market strength in Q4 combined with easing monetary policy are key catalysts. However, risks such as tariffs and geopolitical tensions remain potential headwinds.

Key Takeaways

Strong Onchain Inflows: The $8 billion rise in realized cap highlights robust demand from treasury firms and ETFs, positioning Bitcoin’s realized price above $110,000.
Miner Expansion Signals Bullishness: Increases in hash rate, fueled by fleet upgrades like American Bitcoin’s $314 million ASIC purchase, reinforce long-term network growth.
Recovery Catalysts Ahead: Renewed ETF buying and Federal Reserve easing could propel Bitcoin to $140,000, making it crucial for investors to closely monitor these developments.

Conclusion

Bitcoin’s realized cap increase of more than $8 billion—driven by onchain inflows from ETFs and treasury firms, alongside miners expanding their hash rates—paints a picture of underlying strength despite recent market fears. As Ki Young Ju of CryptoQuant emphasizes, sustained demand from these channels will be vital for maintaining momentum.

Looking ahead, a potential resurgence in ETF activity combined with supportive Federal Reserve policies could propel Bitcoin toward $140,000 by November, presenting opportunities for informed investors amid this evolving landscape. Analyses from CryptoQuant and Bitfinex underline the importance of tracking institutional activity and macroeconomic shifts.

Given that Bitcoin’s realized price reflects the real investment locked in by holders, these trends suggest a solid foundation for a recovery in 2025. Market participants should stay vigilant on onchain metrics and policy announcements to capitalize on emerging bullish signals within the cryptocurrency space.

Bitcoin’s network continues to show resilience, with miners’ investments ensuring robust security. The dynamic between ETF flows and broader economic policies will likely determine the pace of recovery, making it essential to monitor these factors closely. As the year unfolds, these developments may redefine Bitcoin’s trajectory within the global financial ecosystem.

https://bitcoinethereumnews.com/bitcoin/bitcoins-realized-cap-rises-8b-amid-inflows-etf-recovery-could-drive-price-to-140k/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoins-realized-cap-rises-8b-amid-inflows-etf-recovery-could-drive-price-to-140k

Bitwise’s NYSE Listing Update Hints XRP ETF Approval Could Arrive Within 20 Days

The long-awaited XRP exchange-traded fund (ETF) from Bitwise could soon become a reality. Bitwise, the $15 billion asset management giant, has just submitted Amendment No. 4 to its XRP ETF filing with the U.S. Securities and Exchange Commission (SEC), revealing two crucial details. Experts believe such updates usually signal the final step before approval. If cleared by the SEC, the XRP ETF could go live within just 20 days.

On October 31, Bitwise filed Amendment No. 4 with the SEC to update its S-1 form. The latest updated document includes two key details: first, the listing venue will be the New York Stock Exchange (NYSE); and second, the management fee will be 0.34%.

Eric Balchunas, senior ETF analyst at Bloomberg, believes Bitwise’s latest filing marks a major step forward for XRP’s entry into traditional finance. “Adding the NYSE and fee means Bitwise has checked nearly all boxes,” he said. Historically, once issuers include exchange and fee details in their S-1 forms, it usually means they’re just waiting for the final green light from the SEC.

### XRP ETF Could Launch in 20 Days

Following the update, ETF expert James Seyffart of Bloomberg Intelligence provided more context. He noted that Bitwise’s latest filing contains “shorter language” that could allow the product to go live within just 20 days, pending SEC clearance. Seyffart also mentioned that Bitwise isn’t alone—major players like VanEck, Fidelity, and Canary Funds have also updated their filings, signaling that the race to launch an XRP ETF is heating up fast.

Meanwhile, Crypto America host Eleanor Terrett revealed that Canary Funds removed the “delaying amendment” from its S-1 filing, which gives the SEC control over timing. This change sets Canary’s XRP ETF up for a potential launch date of November 13, pending Nasdaq’s approval of its 8-A filing.

### Impact of XRP ETF on Price

After the latest XRP ETF updates, XRP’s price saw a modest uptick, trading around $2.51, reflecting growing optimism among traders. Analysts say that if the XRP ETF gets approved, it would mark the first-ever U.S. spot ETF for XRP—a historic moment that could push the token toward its all-time high price.

At present, XRP faces strong resistance near the $2.75 level. A breakout above this point could open the door for a test of the $3 psychological mark. However, if selling pressure continues, XRP might correct by up to 19%, potentially retesting the $2 support zone within its long-term channel pattern.

Stay tuned as the SEC decision approaches—this could be a defining moment for XRP and the broader cryptocurrency market.
https://coinpedia.org/news/xrp-etf-approval-nears-as-bitwise-confirms-nyse-listing-and-20-day-launch-window/

Grayscale Research Chief Forecasts $5B Inflows for US Solana Spot ETFs

**Solana ETFs Poised for Rapid Growth, Could Rival Bitcoin and Ethereum Products**

*By Zabi*

Zach Pandl, head of research at Grayscale Investments, believes Solana exchange-traded funds (ETFs) could soon rival the success of Bitcoin and Ethereum investment products. He expects that within one to two years, about 5% of all Solana tokens could be held in regulated exchange-traded structures—a share worth over $5 billion at today’s prices.

Pandl made this prediction following the launch of the Grayscale Solana ETF (GSOL) and Bitwise Solana ETF (BSOL) this week. Both products mark a new chapter for the fast-growing market of crypto-based investment vehicles.

—

### Strong Debut for New Solana ETFs

Bitwise’s BSOL began trading on Tuesday, drawing $129 million in inflows within its first two days, according to Bloomberg ETF analyst Eric Balchunas. Grayscale’s GSOL, which launched the next day, recorded $4 million on its first trading day.

Despite being a day behind, analysts described GSOL’s early performance as strong, given the increasingly crowded market. Pandl said Grayscale expects Solana ETFs to become multi-billion-dollar businesses as investor interest broadens.

—

### From Niche to Mainstream: Crypto ETFs Gain Ground

Exchange-traded products (ETPs) allow investors to obtain cryptocurrency exposure through traditional brokerage and retirement accounts. This structure enables participation in the asset class without requiring direct ownership of digital tokens.

According to the Investment Company Institute, U.S.-listed ETFs held over $10 trillion in assets by the end of 2024, accounting for 26% of all managed assets. Crypto ETFs represent only a small fraction of this total, but their growth has been rapid. Bitcoin ETPs currently manage $149 billion, while Ethereum products hold $26 billion, across roughly 20 funds.

—

### Regulation Remains a Concern

Not all financial institutions share Grayscale’s optimism. Earlier this week, Charles Schwab warned that crypto remains lightly regulated, even as the U.S. Securities and Exchange Commission (SEC) continues to approve new ETPs.

> “The SEC’s hands-off stance means higher risk for investors,” the firm said, noting that the crypto sector lacks the oversight applied to equities and bonds.

—

### GSOL Evolution: From Trust to ETF

Grayscale’s Solana product, GSOL, originally launched as a private trust in 2021, holding around $100 million in Solana tokens. Its conversion to an ETF this week makes the fund more flexible, allowing it to trade closer to the actual value of its holdings.

The shift eliminates the large premiums and discounts often seen in closed-end crypto trusts. Pandl said the conversion opens access to a broader range of investors while improving liquidity and pricing transparency.

—

### Competition and Diversification Ahead

Solana’s debut comes as Hedera and Litecoin ETFs also enter the market, though their inflows remain modest. More than a dozen additional crypto-based funds are expected to seek approval soon.

Pandl expects investor interest to gradually shift toward diversified crypto ETPs, which provide exposure to multiple tokens simultaneously.

> “Many investors will prefer simpler, diversified options that reduce the complexity of evaluating each token,” he said.

—

### Staking Adds a New Source of Yield

Unlike Bitcoin ETFs, Solana investment products can offer staking rewards, a feature unique to proof-of-stake networks. By locking Solana tokens to help secure the blockchain, investors can earn an estimated annual yield of 5.7%, according to Solana Compass.

Pandl confirmed that GSOL will distribute 77% of staking rewards to its holders, calling it “a game changer for crypto demand.” He described staking as a new income stream that could help investors diversify portfolio returns.

—

### Distinct Roles for Solana and Ethereum

Pandl said Solana and Ethereum will likely develop distinct roles in the digital asset ecosystem, despite both being smart contract platforms. He pointed to growing adoption of stablecoins and tokenized assets as key drivers of institutional interest.

> “They differ in design, and that gives each blockchain its own lane,” Pandl explained. “Investors can benefit from holding both as part of a balanced crypto strategy.”

—

### Disclaimer

This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

—

### About the Author

**Zabi** is a crypto enthusiast with more than 10 years of experience in managing Google News-approved finance websites. Zabi has a strong background in finance with a thorough understanding of cryptocurrencies and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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– **Bitwise Says a 5% Capital Rotation from Gold to Bitcoin Could Push BTC to $242,000**
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– **Ethereum Closes in on Bitcoin Annual Performance Following Strong Q3**
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– **Citibank Predicts Bitcoin to Hit $231K, Ethereum $7.5K in Coming Months**
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For more updates and detailed analyses, stay tuned to The Crypto Basic.
https://thecryptobasic.com/2025/10/31/grayscale-research-chief-forecasts-5b-inflows-for-us-solana-spot-etfs/

First U.S. Spot XRP ETF Surpasses $100M in Assets Under Management

The first U.S.-listed exchange-traded fund (ETF) offering spot exposure to XRP has surpassed $100 million in assets under management (AUM) just one month after its launch, according to issuer REX-Osprey.

The ETF, named the REX-Osprey XRP ETF (ticker: XRPR), has experienced rapid growth since its September debut. It provides investors with direct exposure to XRP, currently the fourth-largest cryptocurrency by market capitalization.

While the U.S. Securities and Exchange Commission (SEC) has delayed rulings on at least six other spot XRP ETF applications—partly due to a slowdown triggered by the federal government shutdown—XRPR has emerged as a de facto benchmark for gauging market interest in XRP within the United States.

Globally, the Hashed Nasdaq XRP ETF (ticker: XRPH11), recognized as the world’s first spot XRP ETF, has accumulated 282 million Brazilian reais (approximately $52 million) in total assets.

Institutional activity around XRP continues to accelerate. CME Group recently added XRP options to its product lineup, following strong demand for XRP futures. Since launching XRP and micro XRP futures in May, CME reported trading over 567,000 futures contracts, representing $26.9 billion in notional volume.

These developments highlight growing investor interest and institutional engagement with XRP across multiple markets.
https://www.coindesk.com/markets/2025/10/25/first-u-s-spot-xrp-etf-surpasses-usd100m-in-assets-under-management