Why the Market Is Betting Big on This iGaming Stock

A 20% retention rate, insider confidence, and a recent launch in the $12B Latin American market are driving momentum. With market catalysts set to unfold, the time to act is now--Find out why investors are excited here.

Bitcoin ETFs Enter 2025 After Massive First Year

Chandrima Sanyal
January 14, 2025

Spot Bitcoin (CRYPTO: BTC) ETFs, which hit the 1-year mark last week, had a banner first year transforming the Bitcoin market and bridging crypto with traditional finance.

Approved by the Securities and Exchange Commission on Jan. 10, 2024, and hitting the market the following day, the total net assets held by the ETFs surged to $129 billion in 2024. BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) alone gained $40.8 billion in inflows, as of December 2024, according to data by Coinshares issued to Cointelegraph.

The fund dominated the competition, pulling in nearly three times more inflows than its closest rival. The Fidelity Wise Origin Bitcoin Fund (NASDAQ:FBTC) was the only other spot Bitcoin ETF to cross the $10 billion mark in inflows.

Bitwise Bitcoin ETF (NYSE:BITB) and ARK 21Shares Bitcoin ETF (BATS:ARKB) were the only others to clock in inflows in the billions.

Also Read: Broadcom’s $3 Billion Bet: Balancing Market Signals, AI-Driven Growth

Market conditions and interest rate cuts helped push Bitcoin above $90,000, amid broader enthusiasm that included Donald Trump‘s pro-crypto statements. However, as institutional investors dominated the market, spot ETFs provided retail investors an easier way to invest in crypto. US Spot BTC ETFs now control 5.74% of Bitcoin’s total market cap.

But the question is, can the top 2024 gainers keep up the momentum in 2025?

Seems so. The raging demand for Bitcoin ETFs is driving the price as well as price outlook for Bitcoin, northward. In December 2024, U.S. spot Bitcoin ETFs amassed 51,500 Bitcoin—272% more than those mined—creating a market supply-demand imbalance, according to Apollo and Blockchain.com, reported by Coindcx.

Analysts at VanEck and Bitwise expect growing institutional interest in 2025, supported by ETF products, with price predictions for Bitcoin ranging between $180,000and $200,000 by the end of 2025.

In fact, Research firm Bernstein expects Bitcoin ETF inflows to surpass $70 billion in 2025, citing accelerated institutional adoption as a key impetus as regulatory barriers and resistance ease.

See Next:

  • Bitcoin, Ethereum, Dogecoin Lower ‘Corrections Are Typically Short-Lived,’ Trader Prefers Not Going To $89,000 To $90,000

Photo: Shutterstock

Continue Reading...

Popular

Fox News names Will Cain to replace Neil Cavuto in weekday afternoon lineup

NEW YORK (AP) — Fox News Channel is promoting weekend host Will Cain to the weekday afternoon slot vacated by , who left the network last month.

Capital One sued by US watchdog alleging bank cheated customers out of $2 billion

NEW YORK (AP) — A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating" customers out of more than $2 billion in lost interest payments as a result.

Urgent: Buy This Before Bitcoin Hits $125,000 - Ad

Discover the $25 Bitcoin secret that could turn into a fortune soon. Historically, this secret investment soared by 6,865%, surpassing Bitcoin's own performance. This has nothing to do with buying Bitcoin or any Bitcoin ETFs... You can easily access this secret investment through your standard brokerage account.

Michael Burry's Hedge Fund Could Soar if China Cuts Interest Rates in 2025

Michael Burry's $196 million hedge fund, Scion Asset Management, could see hefty gains if the People's Bank of China cuts interest rates in 2025, which it has suggested it is likely to do. 

The iGaming Underdog Set to Shine - Ad

This company's premium casino strategy is crushing the competition. Tight share structure, explosive growth, and major market catalysts make this stock a hidden gem in iGaming.

Company linked to Alex Jones doubles offer to buy Infowars after failed bankruptcy auction

A company linked to is now offering over $7 million to buy his Infowars platforms, more than double what it proposed when it lost to The Onion satirical news outlet in a bankruptcy auction , a lawyer in the case said Monday.

Supreme Court to weigh reinstating Obamacare care requirements struck down by lower court

WASHINGTON (AP) — The Supreme Court agreed Friday to consider reinstating some preventative care coverage requirements under that were struck down by a lower court.

Get Your Financial Strategy in Place for 2025 - Ad

There's still time to make smart financial moves as we enter a new year. Work with Datalign Advisory, a trusted partner who can help you optimize your plans and start 2025 on the right foot.

Trump vs. Newsom: Wildfire War Escalates as California Faces Destruction

As California grapples with devastating wildfires, tensions between Gov. Newsom and President-elect Trump have reached new heights.

Philadelphia mayor announces new plan to keep 76ers arena in South Philadelphia, pursue WNBA team

PHILADELPHIA (AP) — The Philadelphia 76ers will partner with Comcast Spectacor, their current landlord, to build a new arena in South Philadelphia and with the city to move downtown.

"America's Final Invention" - Ad

An invention far beyond our current technology -- even artificial intelligence -- could go live any day now. When it launches, the world economy could accelerate by as much as 250 times its normal rate. But it could also send millions of Americans into poverty.

Kohl's to close 27 stores by April as struggling retailer looks to improve profits, sales

NEW YORK (AP) — Kohl’s said Friday it was closing 27 underperforming stores in 15 states by April — a fraction of its 1,150 store base — as the struggling department store aims to boost profitability and improve sagging sales.

China's electric car sales grow in 2024, as sales of gasoline cars plunge

BEIJING (AP) — Sales of all types of electric vehicles rose more than 40% in China last year, while those of gasoline-powered automobiles plunged, industry data showed Monday.

Bill Gates Is Betting Big on This New Technology - Ad

Bill Gates is betting the house on a new tech bound to make investors millions. He says the potential uses for it are "almost limitless." And he believes it is so revolutionary that soon we'll see one in every home. This is tech's next megatrend.

Bitcoin's Supercycle, Crypto's Capitol Breakthrough, And More: This Week In Crypto

The past week was a rollercoaster for the cryptocurrency world. From predictions of a Bitcoin (CRYPTO: BTC) supercycle to a groundbreaking Senate subcommittee on digital assets, the crypto landscape is buzzing with activity.

Shiba Inu Burns Skyrocket by 300% Amid Calls for Larger Burns From SHIB Army

The Shiba Inu (CRYPTO: SHIB) community has witnessed a 300% surge in token burns within the last 24 hours.

Shutting Down at 11:59 PM EST - Ad

We're in the midst of an explosive bull market, with gold prices now higher than at any other point in history. Just days from now -- on Jan. 28 -- we expect a major financial event to push gold toward $3,000 ... and then much higher from there. It's why timing is so critical.

Apple CEO Tim Cook Took Home $74.6 Million In 2024, Up 18% Despite AI And Siri Privacy Controversies

Apple CEO Tim Cook saw a increase in his annual compensation, despite the company facing controversies over its AI, Siri privacy policies.

Tether To Relocate Headquarters To El Salvador

Tether (CRYPTO: USDT) on Monday announced it has acquired a Digital Asset Service Provider (DASP) license by El Salvador, allowing it to subsequently relocate its operations to

Brazil's Potash Powerhouse? - Ad

Brazil relies on imports for over 95% of its potash--but a new $30M NYSE-A IPO could change that. This company's bold plan to produce potash locally could significantly reduce the price for potash, fueling Brazil's agriculture and bringing significant profit potential. The timing couldn't be better.

Mark Zuckerberg Meets Donald Trump At Mar-a-Lago: Mending Fences Ahead Of GOP White House Return

Mark Zuckerberg has much bigger fences to mend with President-elect Trump than the Silicon Valley tech giants and other billionaires who have been making the trek to Mar-a-Lago since the November election.

ONE AI Stock Is All You Need - Ad

There are over 6,000 stocks listed in the market right now. And even with many of them jumping on the AI bandwagon... They will NOT make you rich. However, there is one stock that stands head and shoulders above everything else. It's currently trading for only $20...

AP PHOTOS: Warm clothing, hot pot and even ice cream bars feature at China's Harbin ice fair

HARBIN, China (AP) — Faced with temperatures dipping to -30 Celsius (-22 Fahrenheit), visitors to often make a beeline for stalls selling padded clothing to augment their wardrobes.

Canada's Trudeau urges US consumers to consider the harm of Trump's tariff threats

VANCOUVER, British Columbia (AP) — Canada's outgoing Prime Minister Justin Trudeau on Sunday suggested that President-elect Donald Trump's remarks about Canada becoming America's “51st state” has distracted attention from the harm that steep tariffs would inflict on U.S. consumers.

Is Bill Gates Missing the Big Picture? - Ad

Bill Gates calls it: "The most transformative technology any of us will see in our lifetimes." Eric Fry agrees, saying it's far more advanced than anything today... including AI. But he also warns it could send millions of Americans into poverty.

Tanker hit by Houthi rebels that threatened a Red Sea oil spill has been salvaged

DUBAI, United Arab Emirates (AP) — An oil tanker that burned for weeks in the Red Sea after being attacked by and threatening a massive oil spill has been salvaged, a security firm said Friday.

Wall Street's Bonus Frenzy: Top Investment Bankers Eye Double-Digit Pay Boosts As Markets Flourish

Wall Street gearing up for generous bonuses, with top traders and bankers set to see 10%+ increases due to robust revenues. Record decade of bonuses expected to continue thanks to strong trading.

AI-Powered Cameras + Smart Glass = A Potential Nasdaq Sleeper - Ad

This recent Nasdaq IPO is quietly making waves in two massive markets: AI-powered Advanced Driver Assistance Systems (ADAS) and smart glass technology and this company is poised for substantial growth in the two multi-billion-dollar markets.

California's $10 Trillion Property Market Faces Unprecedented Threat From Wildfires

California's $10 trillion residential property market is under siege as wildfires wreak havoc across the southern part of the state.

2 bodies are found in the landing gear of JetBlue plane at Florida airport

FORT LAUDERDALE, Fla. (AP) — Two bodies were found in the landing gear compartment of a JetBlue aircraft at a South Florida airport, authorities said.

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. Many predict 2025 will be an even bigger year--hitting $200,000 or higher. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto in 2025.

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

Venezuelan President Nicolás Maduro is sworn in despite credible evidence of election loss

CARACAS, Venezuela (AP) — extended his over Venezuela until 2031 when he was sworn in Friday, despite credible evidence that his opponent won the latest election and following protests against his plan to serve a third six-year term.

Trump Cabinet Confirmation Hearings Begin Tuesday: Pete Hegseth, Doug Collins Up First

President-elect Donald Trump's cabinet picks are set to begin the confirmation process with several appearing before Senate committees this week. Former Fox News host Pete Segeth and former Georgia congressman Doug Collins are up first on Tuesday.

Trump's next move could be the catalyst that triggers Bitcoin's next BIG breakout - Ad

But here's why I'm not buying Bitcoin directly: It's VERY expensive. Instead, I've found a better way to profit -- without touching any coins, ETFs, or digital wallets. This little-known $25 investment is accessible through your regular brokerage account. It's already up over 10% since Trump's victory, and it's just getting started.

Stock Of The Day: Is Walgreens Breaking Out?

Shares of Walgreens (WBA) are trading higher on an earnings beat. They may be breaking the resistance around the $11 level.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service