Bitcoin’s latest cycle is developing under a very different market structure, with data from Glassnode and Fasanara Capital pointing to deeper institutional participation, rapid growth in tokenized real-world assets, and a notable drop in volatility.

Their Q4 Digital Assets Report highlights how Bitcoin’s behaviour has shifted as regulated investment channels expand, and liquidity becomes more stable across spot, derivatives, and on-chain markets.

The findings show how ETF flows, settlement activity, and broader adoption of tokenised instruments are shaping a more mature phase in the digital asset ecosystem.

These structural changes are defining how capital moves through Bitcoin in 2025.

Institutional flows reshape the cycle

The report estimated that Bitcoin has absorbed around $732 billion in new capital during this cycle.

This has occurred alongside a clear decline in one-year realised volatility, which has fallen by nearly half.

Glassnode linked this trend to increased depth across major markets and a larger share of trading driven by institutional strategies.

Glassnode also reported that Bitcoin settled approximately $6.9 trillion over the past 90 days.

This puts Bitcoin in a range comparable to payment networks such as Visa and Mastercard.

Even with more trading moving into ETF and brokerage channels, the report found that Bitcoin and stablecoins still dominate value transfer on public blockchains.

ETF channels deepen liquidity

ETF-linked demand has reshaped how investment enters and exits Bitcoin.

Instead of relying mainly on on-chain movement or exchange activity, a greater share of flows now passes through regulated investment vehicles.

According to the report, this shift has encouraged smoother liquidity conditions and fewer sharp price changes in spot markets.

Traditional market makers and arbitrage firms have increased their presence due to ETF participation.

Their involvement has tightened spreads and reduced disruption during periods of heightened selling pressure.

This development reflects a broader alignment between digital asset markets and established financial infrastructure.

Tokenized RWAs accelerate

Tokenized real-world assets have expanded from $7 billion to $24 billion within one year.

Glassnode stated that this rise reflects stronger institutional demand, including interest from pension funds, hedge funds, and corporations that want on-chain exposure to familiar financial instruments.

Tokenized funds have gained momentum as asset managers test new distribution models and investors seek simplified access to traditional assets.

Platforms involved in tokenised RWAs have strengthened custody, settlement, and compliance systems.

This foundation has encouraged consistent inflows throughout 2025, supporting a growing segment of the market that links traditional assets with blockchain settlement rails.

Stablecoin role strengthens

Glassnode described the market structure as larger and more stable than in previous cycles.

The data indicated deeper liquidity across spot, derivatives, and on-chain channels, which has contributed to a more measured trading environment.

Reduced volatility has become a defining feature of the cycle, shaped by institutional trading strategies that tend to use steady allocation models.

Stablecoins continue to serve as key connectors between traditional and digital financial systems.

The report stated that stablecoin settlement demand remains substantial across centralised and decentralised platforms.

Glassnode characterised the dual-rail system created by stablecoins and traditional infrastructure as a permanent part of the ecosystem, supporting both institutional flows and retail trading activity.

Analysts referenced in the report expect institutional participation to expand as tokenised funds gain broader acceptance.

Glassnode presented this phase as a turning point marked by heavier institutional flows, rising tokenisation, and reduced volatility.

These factors suggest that Bitcoin and the wider digital asset sector are moving into a more structurally mature environment in 2025.

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Glassnode report reveals Bitcoin’s growing stability amid ETF activity and RWA expansion

Source: https://coinjournal.net/news/glassnode-report-reveals-bitcoins-growing-stability-amid-etf-activity-and-rwa-expansion/

Spot Bitcoin and Ether exchange-traded funds (ETFs) saw significant capital withdrawals on Tuesday, marking their fifth consecutive day of outflows.

The losses came even as Solana-linked funds continued to attract investor inflows, extending their streak to six days.

According to data from Farside Investors, spot Bitcoin ETFs recorded $566 million in net outflows—their largest single-day withdrawal since mid-October.

ARKB and Fidelity’s FBTC led the redemptions, reflecting sustained selling pressure following last week’s market correction.

Ether ETFs followed a similar trajectory, posting $219 million in net outflows on Tuesday.

Fidelity’s FETH and BlackRock’s ETHA products accounted for the majority of redemptions.

The five-day withdrawal streak has now drained nearly $1 billion from Ether-linked ETFs since late October, underscoring waning investor sentiment toward the asset amid persistent volatility.

Solana defies market gloom

In contrast, Solana funds continued to post gains. Spot Solana ETFs saw $14.83 million in net inflows on Tuesday, marking their sixth straight day of positive capital movement.

Bitwise’s BSOL and Grayscale’s GSOL each contributed to the increase.

The steady inflows suggest institutional traders are rotating funds into Solana-based products, which have gained traction as yield-bearing alternatives within the digital asset market.

The positive momentum stands out amid an otherwise bearish environment for major cryptocurrencies and related investment products.

Crypto prices show signs of stabilisation

After sharp declines earlier in the week, top cryptocurrencies appear to be stabilising.

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) were consolidating near key support levels on Wednesday, as traders reassessed positions following heightened volatility.

Bitcoin price faced rejection around a broken trendline on Monday and dropped 8.18% by Tuesday, retesting the 50% retracement level at $100,353.

As of Wednesday, BTC was holding slightly above $102,000, suggesting potential recovery if the $100,353 level continues to act as strong support.

Ethereum also mirrored the broader recovery trend. The asset fell 15.73% after facing resistance at the 100-day exponential moving average (EMA) of $3,928 earlier in the week.

By Wednesday, ETH had rebounded after retesting the 50% retracement level at $3,171. If this support holds, analysts expect a possible move toward the 61.8% Fibonacci retracement level near $3,593.

While the recent correction has dampened momentum across the crypto market, stabilising prices and selective fund inflows into Solana suggest that investor sentiment remains cautiously constructive in certain segments of the digital asset space.

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Bitcoin and Ether ETFs record fifth consecutive day of outflows as crypto prices remain under pressure

Source: https://coinjournal.net/news/bitcoin-and-ether-etfs-record-fifth-consecutive-day-of-outflows-as-crypto-prices-remain-under-pressure/

Spot bitcoin exchange-traded funds (ETFs) in the US registered strong inflows on Tuesday, reversing the previous week’s outflow trend.

According to data from Farside Investors, total daily net inflows reached $477.2 million, signalling renewed investor confidence following a period of volatility in the crypto market.

BlackRock’s iShares Bitcoin Trust (IBIT) led the inflows with $210.9 million, while the Ark & 21Shares Bitcoin ETF (ARKB) followed with $162.8 million.

Fidelity’s Wise Origin Bitcoin Fund (FBTC) also recorded $34.15 million in new investments.

The inflows come after several consecutive sessions of net withdrawals across spot crypto ETFs, which collectively lost over $1 billion in recent days as persistent trade tensions between the US and China weighed on investor sentiment.

Despite the rebound in inflows, overall trading activity remained elevated.

Bitcoin ETFs posted $7.41 billion in total trade volume on Tuesday.

Throughout October, daily trading volumes have fluctuated between $5 billion and $9.78 billion — significantly higher than the $2 billion to $4 billion range seen in September.

Ethereum ETFs attract $141.6 million

Spot Ethereum ETFs also saw renewed investor participation.

On Tuesday, the funds collectively attracted $141.6 million in net inflows, according to Farside data.

Fidelity’s FETH accounted for the largest portion at $59 million, while additional inflows came from funds operated by BlackRock, Grayscale, and VanEck.

The combined rebound across Bitcoin and Ethereum ETFs suggests that institutional appetite for crypto exposure remains strong despite recent price corrections.

Bitcoin price holds near $108,000

At the time of writing on Wednesday, Bitcoin (BTC) was trading around $108,500, stabilising after facing resistance the previous day.

The cryptocurrency found support near the 61.8% Fibonacci retracement level at $106,453, drawn from its April low of $74,508 to its record high of $126,199.

BTC rebounded nearly 4% by Monday but later slipped 2% on Tuesday after being rejected from the 50-day Exponential Moving Average (EMA) at $113,606.

If the downward momentum continues, Bitcoin could revisit support near $106,453.

A decisive close below this level may open the door for further declines toward the October 10 low of $102,000.

Ethereum mirrors Bitcoin’s weakness

Ethereum (ETH) has also shown signs of weakness, extending its recent correction.

After retreating by more than 4% last week from resistance at $4,232, the cryptocurrency continued to slide by another 3% through Tuesday.

ETH was trading around $3,847 on Wednesday.

Should the downward trend persist, Ethereum may test the 61.8% Fibonacci retracement level at $3,593, which aligns closely with the 200-day EMA — a key area that could determine whether the broader trend remains intact or shifts further bearish.

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Bitcoin ETFs record $477M in inflows after four days of outflows

Source: https://coinjournal.net/news/bitcoin-etfs-record-477m-in-inflows-after-four-days-of-outflows/

The cryptocurrency market witnessed a significant milestone on September 18, 2025, as the REX-Osprey XRPR ETF, the first US-listed spot ETF for XRP, debuted with an impressive $37.7 million in trading volume.

This development has sparked renewed interest among investors and analysts, raising questions about the future trajectory of XRP’s price amid growing institutional adoption.

XRP price rose slightly amid the launch, jumping to highs of $3.13 before paring gains to around $3.02.

REX-Osprey XRP ETF hits $37.7 million in volume

The launch of the REX-Osprey XRPR ETF marked a historic moment for the cryptocurrency sector, offering investors regulated exposure to XRP through a traditional exchange-traded fund structure.

According to data shared by Eric Balchunas, a prominent ETF analyst, the XRPR ETF recorded a staggering $37.7 million in turnover on its first day of trading.

It’s a mark that surpasses the debut performance of the $IVES ETF and sets a new benchmark for 2025 ETF launches.

$XRPR traded $37.7m on Day One, which edges out $IVES for the biggest day one (natural) $ volume of any 2025 launch. $DOJE is no slouch at $17m, which would be Top 5 for year.. out of 710 launches. Good sign for the onslaught of 33 Act ETFs coming soon.. pic.twitter.com/JaQP9ekFIq

— Eric Balchunas (@EricBalchunas) September 18, 2025

Balchunas’ shared data reflects a volume of 1,462,622 shares traded at a last price of $25.728.

The strong initial performance outpaced the $17 million debut of the REX-Osprey DOJE ETF for Dogecoin, signalling robust demand for XRP exposure within the regulated investment landscape.

Balchunas noted that this success bodes well for the anticipated wave of 33 Act ETFs, suggesting a potential shift toward mainstream acceptance of altcoin-based financial products.

Ripple price prediction: is XRP about to explode?

The impressive debut of the XRPR ETF has fueled optimistic sentiments across the XRP community, with many speculating that this could be a catalyst for a significant price surge.

Analysts and enthusiasts have pointed to the ETF’s $37.7 million volume as evidence of growing institutional interest, which could drive substantial inflows in the coming months.

Some predict that if XRP sustains its current support levels around $3.00, the price could climb toward $5 or higher.

In particular, ETF-related buying pressure could intensify when the SEC gives a nod to the many “Act 33” filings before it.

From a technical perspective, the Ripple token’s price hovers within a key support zone between $2.75 and $3.12.

A breakout from a descending channel means XRP keeps its bullish outlook, with the RSI and MACD on the daily chart offering an upper hand to bulls.

If the upside momentum holds, XRP could eye the $5 to $10 range next.

ETF momentum and Ripple’s expansion in global payment networks, including with RLUSD, will be key.

Regulatory developments and macroeconomic conditions, such as if the Fed cut interest rates further in 2025, will buoy bulls.

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XRP price outlook as REX-Osprey XRPR ETF notches $37.7m in day one volume

Source: https://coinjournal.net/news/xrp-price-outlook-as-rex-osprey-xrpr-etf-notches-37-7m-in-day-one-volume/