Crypto ETF Weekly Report | Last week, US Bitcoin spot ETF had a net inflow of US$3.062 billion; US SEC has approved the ProShares Trust XRP ETF to be listed on April 30

転載元: chaincatcher
04/28/2025·1MCompiled by: Jerry, ChainCatcher
Crypto spot ETF performance last week
US Bitcoin spot ETF net inflows of US$3.062 billion
Last week, US Bitcoin spot ETFs had net inflows for five consecutive days, with a total net inflow of US$3.062 billion and a total net asset value of US$109.27 billion.
Last week, 10 ETFs were in a net inflow, mainly from IBIT and BITB, with inflows of US$1.445 billion, US$621 million and US$573 million respectively.
Source: Farside Investors
US Ethereum spot ETF net inflow of US$157 million
Last week, U.S. Ethereum spot ETFs experienced net inflows in three days, with a total net inflow of US$157 million and a total net asset value of US$6.14 billion.
Inflows last week were mainly from Fidelity FETH, with a net inflow of $68.6 million. Only 1 Ethereum spot ETF has no capital flow.
Source: Farside Investors
Hong Kong Bitcoin Spot ETF No capital inflow
Last week, Hong Kong Bitcoin spot ETF had no capital inflows and its net asset value reached US$383 million. Among them, the issuer Jiashi Bitcoin held by the number of Bitcoin fell to 302.39, while Huaxia maintained at 2160.
Hong Kong Ethereum spot ETF has recently inflowed 153.71 Ethereum, with a net asset value of US$35.74 million.
Source: SoSoValue
Crypto spot ETF Option performance
As of April 25, the nominal total transaction volume of US Bitcoin spot ETF options was US$1.03 billion, and the nominal total transaction ratio was 2.21.
As of April 24, the total nominal holdings of US Bitcoin spot ETF options reached US$11.99 billion, and the total nominal holdings were 2.37.
The market's trading activity against Bitcoin spot ETF options has increased in the short term, and overall sentiment is bullish.
In addition, the implied volatility is 52.38%.
Source: SoSoValue
A brief overview of the dynamics of encrypted ETFs last week
US SEC delays approval of Canary HBAR spot ETF and Bitwise Bitcoin and Ethereum ETF until June
According to Cryptoslate, the U.S. Securities and Exchange Commission (SEC) has postponed the deadline for the listing plan for the HBAR spot ETF filed by Canary Capital to June 11, according to regulatory filings released on April 24.
In addition, the Bitcoin and Ethereum ETF approval proposed by Bitwise has also been postponed to June 10. The SEC said it would take more time to evaluate proposals and public comments.
According to Globenewswire, Trump Media Technology Group (DJT.O), has signed a binding agreement with cryptocurrency trading platform Crypto.com and asset management company Yorkville America Digital, planning to launch a series of ETFs through the Truth.Fi brand.
The agreement follows a non-binding agreement signed by companies in March this year. Law firm Davis Polk & Wardwell LLP will provide consulting services for all parties in product development and launch. These ETFs will be provided through Foris Capital US LLC, a broker-dealer of Crypto.com, and are expected to include digital assets and securities that feature “Made in the United States” that covers diversified industries such as energy. After obtaining regulatory approval, the funds are expected to be launched later this year and will be widely available in international markets including the United States, Europe and Asia, covering existing platforms and brokers.
These ETF plans will be launched along with a range of Truth.Fi independent management accounts (SMAs). TMTG plans to invest in these ETFs and SMAs through its own cash reserves, part of TMTG’s Financial Services and FinTech strategy, which will use up to $250 million in funding custodial by Charles Schwab.
US SEC has approved the ProShares Trust XRP ETF to be launched on April 30
According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has approved ProShares Trust's XRP ETF to be publicly listed on April 30.
Market News: Bitwise NEAR ETF Registered in Delaware
Market News: US SEC delays approval of Grayscale Spot Polkadot ETF
Market News: 21Shares Registered SUI ETF in Delaware
Canary Register SEI ETF in Delaware
US SEC confirms the application for spot Avalanche ETF submitted by VanEck
Perspectives and analysis on encrypted ETFs
According to FinanceFeeds, Ripple CEO Brad Garlinghouse expressed recognition of CME’s upcoming XRP futures contract, saying it was an important and exciting step for the continued growth of the XRP market, but pointed out that although the move has lagged behind in many aspects, it is of great significance, marking that XRP has gained recognition from mainstream financial markets. This move not only provides professional investors with regulated trading tools, but may also pave the way for the future launch of XRP spot ETFs, validating XRP’s position as a mature and investable asset class.
Michael Saylor: BlackRock IBIT will become the world 's largest ETF within ten years
Michael Saylor, founder of Strategy, said BlackRock's Bitcoin exchange-traded fund iShares Bitcoin Trust (IBIT) will become the world's largest trading fund (ETF) in the next decade. IBIT's current market value has reached US$54 billion, with daily trading volume exceeding US$1.5 billion. In the past five trading days, the net inflow of spot Bitcoin ETFs in the United States has been around $2.8 billion, of which IBIT accounts for $1.3 billion, which may be one of the reasons that drives the price of Bitcoin from about $85,000 to $94,000. In addition, the annualized yield of Bitcoin ETF arbitrage transactions by CME has reached nearly 10%, indicating an increase in market risk appetite.
Eric Balchunas, a senior Bloomberg ETF analyst, posted on the X platform that Bitcoin spot ETFs ushered in the "Pac-Man" model yesterday, with a new increase of US$936 million, and a total of US$1.2 billion this week. It is also worth noting that 10 of the 11 ETFs also flowed in in cash, which is a good sign that there is depth of capital flow. In addition, BlackRock's IBIT contributed a lot, and overall, Bitcoin ETF performed quite strongly.
Analyst: There are currently 72 encryption-related ETFs waiting for SEC approval
According to a statement by Bloomberg analyst Eric Balchunas on the X platform, there are currently 72 cryptocurrency-related ETFs waiting for approval from the U.S. Securities and Exchange Commission (SEC) to go public or listing option. From Ripple (XRP), Litecoin, Solana to Penguins, Doge and Melania 2x leverage.