Bitcoin2026-10-03 09:38:55VanEck’s Matthew Sigel Says Bitcoin Is in the Early Stage of a Bull MarketMatthew Sigel, head of digital assets research at investment management firm VanEck, said Bitcoin is already in the early phase of a bull market and continues to show strong performance. He said VanEck sees a medium-term target of about $500,000 for Bitcoin, based on a scenario in which Bitcoin’s market capitalization reaches half that of gold. Looking much further out, Sigel said Bitcoin could rise to $3 million by 2050 if it captures a meaningful role in global energy trade. He also pointed to a multi-year high in Bitcoin’s correlation with gold and said ongoing inflows from institutional investors through spot exchange-traded funds, or ETFs, have supported the market. On the mining side, Sigel said Bitcoin miners hold scarce power resources that have become more valuable in the AI economy, lifting the value of mining machines and energy contracts. Addressing concerns around quantum computing, he said the issue needs to be solved, but the community has already begun to take it seriously and work on responses, which in his view is not a reason to sell Bitcoin now.50
VanEck2026-10-03 09:39:23VanEck says Bitcoin is still in the early stage of a bull market, with gold parity as a long-term reference pointVanEck’s head of digital assets research, Matthew Sigel, said Bitcoin remains in the early stage of a bull market. He said the firm sees a market capitalization equal to half of gold’s value, or roughly $500,000 per BTC, as a medium-term target. Sigel also said Bitcoin could reach $3 million by 2050 if it captures a meaningful share of global energy trade. He pointed to Bitcoin’s correlation with gold climbing to a multi-year high and said continued inflows from institutional investors through spot ETFs and similar channels are supporting the market. He also noted that the value of power resources, mining machines and energy contracts held by Bitcoin mining companies has increased.40
Grayscale2026-10-03 09:00:57Grayscale’s Zcash Spot ETF Posts $93.56 Million Weekly Outflow as ZEC Supply Impact FlipsGrayscale’s Zcash spot ETF, trading under the ticker ZCSH, recorded $93.56 million in net outflows over the latest week, marking its toughest stretch since listing on NYSE Arca on Aug. 25, 2026. The fund, converted from the Grayscale Zcash Trust, had built early momentum quickly: cumulative net inflows reached $271 million by mid-September, and the week ended Sept. 18 brought in another $98.2 million. At its peak, ZCSH accounted for 32.5% of all spot crypto ETF trading volume and held roughly 3.5% of ZEC’s total supply. That picture has started to change. Daily redemptions reached $30.25 million on Sept. 30 and $26.93 million on Oct. 2, with several sessions from late September to early October landing in the $26 million to $30 million range. Cumulative net inflows have fallen from about $268 million to $212.56 million, while assets under management retreated from a September high of roughly $915 million to $979 million down to about $751 million in early October. Grayscale also carried out a 1-for-3 forward stock split, announced Sept. 18, with Sept. 28 as the record date and split-adjusted trading beginning Sept. 30. ZCSH charges a 2.5% fee.40
ZEC2026-10-03 01:17:32U.S. spot ZEC ETFs post $26.93 million in daily net outflows on Oct. 2Data from SoSoValue showed that U.S. spot ZEC exchange-traded funds recorded total net outflows of $26.9347 million on Oct. 2, Eastern Time. The report said Zcash ETF (ZCSH) accounted for a net outflow of the same amount for the day, while its cumulative historical net inflow stood at $213 million. As of publication, total net assets across spot ZEC ETFs were $751 million, with a net asset ratio of 3.46%. Historical cumulative net inflows for spot ZEC ETFs had reached $213 million. The figures were cited by Odaily in a market update.40
HYPE2026-10-03 00:59:58HYPE Spot ETFs Post $3.37 Million in Daily Net Inflows, SoSoValue SaysHYPE spot ETFs recorded total net inflows of $3.3709 million on Oct. 2 U.S. Eastern Time, according to data from SoSoValue cited by ChainCatcher. The day’s inflows came solely from the Grayscale Hyperliquid Staking ETF, ticker HYPG, which also posted $3.3709 million in single-day net inflows. With that addition, HYPG’s historical cumulative net inflows reached $153 million. As of publication, the total net asset value of HYPE spot ETFs stood at $478 million, while the HYPE net asset ratio was 2.48%. Historical cumulative net inflows across HYPE spot ETFs had reached $346 million. The figures reflect a one-day snapshot and identify HYPG as the only fund in the segment to register fresh inflows during the period covered.40
VanEck2026-10-02 11:02:37VanEck adds staking to its spot BNB ETF VBNBVanEck has added a staking feature to its spot BNB exchange-traded fund, VBNB, according to Techub News. The product is described as the first and only spot ETF in the United States that tracks the price of BNB. The fund was launched several months ago, and the latest change adds staking to its structure. The input also states that the move could draw more institutional capital into the product. CoinGape was cited in the source item. No additional details on the staking setup, timeline, or asset flows were disclosed in the provided text.40
Bitcoin2026-10-02 10:15:24QCP says fund flows pushed Bitcoin to its highest level since Sept. 23Bitcoin climbed out of its recent range to $86,913, its highest level since Sept. 23, according to a market note cited by Odaily that attributed the move to concentrated capital inflows rather than a shift in inflation expectations. QCP said the token is up 14.6% from its Sept. 15 low. The firm placed the rally alongside a sharp move in U.S. Treasury yields. The 30-year Treasury yield reached 5.62%, while the 10-year yield at one point rose to 5.29%. In September, real rates increased by 44 basis points, while breakeven inflation was largely unchanged, QCP said. Across major assets, gold fell 8.5% during the same period, while Bitcoin rose 12%. QCP argued that the latest advance was driven by concentrated fund flows, pointing to spot ETF inflows of $3.5 billion in August and $2.6 billion in September.40
Bitcoin ETF2026-10-02 08:20:08US spot Bitcoin ETFs reopen October with $102.7 million in net inflowsUS spot Bitcoin exchange-traded funds started October back in positive territory, posting $102.7 million in net inflows on Thursday after seeing $148.7 million in net outflows the day before, according to SoSoValue. The move came after what the report described as the strongest quarter of 2026 for the products, with third-quarter net inflows totaling $6.34 billion, including $2.65 billion in September alone. Combined net assets for the Bitcoin funds climbed to $109.3 billion, while cumulative net inflows reached $57.6 billion. Over the third quarter, Bitcoin gained 42.71%. At the time of publication, CoinGecko data showed Bitcoin trading at about $85,900, up 2.1% over the past 24 hours. Alternative.me’s Crypto Fear & Greed Index slipped to 72 from 74 a day earlier, though it remained in the “Greed” range. Elsewhere, US spot Ether ETFs logged $55.4 million in net outflows on Thursday, extending their losing streak to three straight trading days and bringing total outflows over that stretch to about $118 million. Solana ETFs also saw roughly $6 million in net outflows for a second consecutive session, while XRP ETFs recorded $4 million in net inflows.40
