Bitwise CIO Anticipates Crypto ‘ETF Palooza’: Over 100 New Funds Expected To Launch In 2026

Bitcoin trading activity has surged as the CLARITY Act approaches, with market participants positioning for potential new all-time highs. Currently, Bitcoin is trading around $88,100, reflecting a 'bullish neutrality' trend amid significant short liquidations that are exerting upward pressure on prices.

Bitcoin (BTC) has surged past the $96,000 mark this week, driven by significant inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) and a favorable U.S. Consumer Price Index (CPI) report, which alleviated inflation concerns. This price movement marks the end of a prolonged consolidation phase, leading to a wave of bearish liquidations as short sellers exited their positions.

Bitwise has officially listed Bitcoin, Ether, and Solana exchange-traded products (ETPs) on Nasdaq Stockholm, providing local investors with regulated access to these cryptocurrencies through spot and staking-based products. This move marks a significant expansion of Bitwise's presence in the European market.

Bitwise has released an analysis supporting Ray Dalio's thesis of a 15% allocation to Bitcoin and gold in investment portfolios, highlighting that gold provides stability during market downturns while Bitcoin offers significant recovery potential. This combination reportedly enhances the Sharpe ratio of a 60/40 portfolio to 0.679, compared to 0.23 without these assets.

Bitwise's Chainlink ETF has received approval to list on NYSE Arca, with trading set to commence tomorrow, potentially simplifying access to Chainlink investments for mainstream investors. This approval marks a significant step in the integration of cryptocurrency products into regulated financial markets.