DigitalX Ltd (ASX:DCC) is a leading Australian digital investment manager and the only ASX-listed crypto fund manager.
Australia
Joined January 2014
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Bitcoin ETFs just had their best day in nearly a month.
U.S. spot Bitcoin ETFs attracted US$526.7m in net inflows on Monday, their biggest single day inflow since September 22.
With BTC trading around US$82K, the return of ETF inflows is an encouraging sign of renewed investor interest as we head towards the end of October.
Read the article by @DecryptMedia below.
decrypt.co/381444/bitcoin-et…
DigitalX Ltd retweeted
Bitcoin’s $BTC volatility has declined over the past decade as the asset has matured, with deeper liquidity, institutional participation, and regulation.
Over the past year, Bitcoin’s realized volatility fell to 43%, down from 81% five years ago, placing it within the range of S&P 500 constituents. For investors already comfortable owning volatile equities, Bitcoin’s price fluctuations may be less daunting than assumed.
Read more on The Stack: grayscale.com/the-stack/putt…
Bitcoin is testing a key technical level.
According to Glassnode, BTC has now bounced twice from the estimated US Spot Bitcoin ETF cost basis of approximately US$81,500, a level that previously acted as resistance.
With Bitcoin trading above this level, the key question is whether it can continue to hold as support.
DigitalX Ltd retweeted
JUST IN: 🇺🇸 U.S. Spot Bitcoin ETFs took in $241.1 million last week, completing the third consecutive week of positive net inflows 🚀
DigitalX Ltd retweeted
JUST IN: 🇺🇸 SEC Chairman Paul Atkins releases a statement to address the custody of crypto assets. 👀
"Since the advent of Bitcoin in 2008, the crypto asset market has grown from a niche curiosity into a multi-trillion-dollar asset class" 🚀
Open interest is at its lowest since March while Bitcoin rallies. Different setup from what we've seen recently.
Less leverage in the system potentially makes this move less susceptible to leverage flushes, though it doesn't say where price goes from here.
$BTC is rallying on less leverage.
Price is up 35% from the August low, while coin-denominated open interest is down almost 20%.
That puts open interest at its lowest since March, potentially making the rally less susceptible to leverage flushes.
DigitalX Ltd retweeted
This is the first bitcoin:native bear market that never closed below the Realized Price.
This means that the average BTC holder stayed in profit this entire time.
More on the next levels, sell pressure and ETF flows in this week's Week On-chain 👇
Another significant step in the integration of digital assets into traditional banking.
As major financial institutions continue to build digital asset access into existing banking platforms, the convergence between traditional finance and digital assets continues to gather momentum.
DigitalX Ltd retweeted
25 basis points hike and Crypto is still green.
Grayscale Research views this as a mid-cycle adjustment, not a cyclical shift, and expects little impact on crypto markets. A comparable hike in 1997 had the same result. Worth noting: stablecoin issuers like @circle and @tether, who earn higher revenues when interest rates rise.
Read more on The Stack: grayscale.com/the-stack/fed-…
The House Financial Services Committee is considering H.R. 8957 today, which would codify a U.S. Strategic Bitcoin Reserve in federal law. The current proposal would generally require qualifying federal Bitcoin to be held for at least 20 years, establish the reserve under Treasury within 180 days, and require annual third-party-verified proof-of-reserve reporting.
DigitalX Ltd retweeted
JUST IN: 🇺🇸 White House Executive Director Patrick Witt says they have made progress on all of the concerns over the Clarity Act
"I'm feelin pretty good about it." 👀
Bitcoin network activity continues to reach significant levels. Galaxy Research reports 893,391 daily transactions, the fourth highest daily transaction count in Bitcoin's history and above the 99th percentile of its historical range. Another interesting data point as the Bitcoin network continues to evolve.
DigitalX Ltd retweeted
Bitcoin $BTC is decoupling from NASDAQ and correlating with gold.
$BTC's 90-day correlation with NASDAQ has fallen from ~60% to 33%. Its correlation with gold has risen from near zero to ~50%.
Rising debt, persistent deficits, and higher yields are pushing investors toward alternatives like Bitcoin and gold.
Read more: grayscale.com/the-stack/regi….
We are pleased to advise that we have released our Appendix 4E and FY26 Annual Report.
Key highlights:
• Net loss improved by 68% from FY25
• Revenue A$3.63M, driven by record Sell My Shares revenue
• Ending the year with a cash flow positive quarter Q4 FY26
• Share buy-back underway (~75% done at ~35% discount to NAV) with NTA at year end 3.74c per share
Read the full announcement here: clients3.weblink.com.au/pdf/…
DigitalX Ltd retweeted
Last week's BTCUSD weekly candle was the single largest weekly gain by dollar amount in Bitcoin history.
By percentage, it was the 41st biggest weekly gain in history (+23.5%) and the biggest since March 2023.
An interesting comparison of Bitcoin cycles. The current drawdown has been notably shallower than previous cycles, another indication of how Bitcoin’s market structure continues to evolve.
This week may be a turning point for Bitcoin $BTC.
Historically, Bitcoin has bottomed ~80% below its cycle peak price. In the latest bear market Bitcoin fell ~50% from its peak, less than all prior cycles to this point.
Markets were debating whether Bitcoin would see another leg down in Q4 2026. While there are still risks, the rally this week may indicate we’ve reached a more durable bottom.
DigitalX Ltd retweeted
Strong hands are buying bitcoin:native.
Bottoms are formed when profit taking slows and conviction buyers step in. This setup looks similar to what we saw during 2022.
The largest increase in BTC held by conviction buyers occurred when BTC dropped to $60k in January.
DigitalX Ltd retweeted
JUST IN: The number of Bitcoin holders continue to rise, according to Grayscale 🚀
"We believe that adoption will be driven by more demand for scarce assets, greater adoption of blockchain technology, and generational change in portfolio construction." 👏
New Grayscale research shows the global alternatives market has grown nearly seven-fold since the 2008 Global Financial Crisis, and crypto now sits right alongside private equity, private credit, and real estate in the mix.
But the real story is who's buying. A BofA survey found that investors aged 21 to 43 allocate 53% of their portfolios outside traditional stocks and bonds, compared with just 26% among those over 44.
That's a massive generational divide, and it matters, because more than $100 trillion is expected to transfer to younger generations over the coming years.
Read the full article by @Grayscale below.
grayscale.com/the-stack/youn…
