Crypto ETF Weekly Report | US Bitcoin spot ETF net outflows of US$131 million last week; New South Korean President Lee Jae-ming promises to promote the development of crypto ETFs and South Korean won stablecoins
Reprinted from chaincatcher
06/09/2025·10DCompiled by: Jerry, ChainCatcher
Crypto spot ETF performance last week
US Bitcoin Spot ETF Net Outflows of US$131 million
Last week, US Bitcoin spot ETFs had a net outflow of three days, with a total net outflow of US$131 million and a total net asset value of US$125.58 billion.
Last week, five ETFs were in a net outflow, mainly from FBTC, GBTC, and ARKB, with outflows of US$167 million, US$40.6 million and US$24.5 million respectively.
Source: Farside Investors
US Ethereum spot ETF net inflows of US$281 million
Last week, U.S. Ethereum spot ETFs had net inflows for five consecutive days, with a total net inflow of US$28.1 billion and a total net asset value of US$9.40 billion.
Inflows last week were mainly from BlackRock ETHA, with a net inflow of $249 million. There are 5 Ethereum spot ETFs in total and there is no capital flow.
Source: Farside Investors
Hong Kong Bitcoin Spot ETF Net inflow of 85.26 Bitcoins
Last week, Hong Kong Bitcoin spot ETFs had a net outflow of 85.26 bitcoins, with a net asset value of US$489 million. Among them, the issuer Jiashi Bitcoin held by the number of Bitcoin fell to 301.76, and China fell to 2,820.
Hong Kong Ethereum spot ETF has a net inflow of 306.66 Ethereum, with a net asset value of US$55.62 million.
Source: SoSoValue
Crypto spot ETF Option performance
As of June 5, the nominal total transaction volume of US Bitcoin spot ETF options was US$1.04 billion, and the nominal total transaction ratio was 1.97.
As of June 5, the total nominal holdings of US Bitcoin spot ETF options reached US$16.9 billion, and the total nominal holdings long and short ratio reached 1.89.
The market's trading activity against Bitcoin spot ETF options has slightly decreased in the short term, and overall sentiment is bullish.
In addition, the implied volatility is 46.92%.
Source: SoSoValue
A brief overview of the dynamics of encrypted ETFs last week
VanEck and other ETF issuers wrote a letter urging the US SEC to approve the application order
According to Cointelegraph, ETF publishers VanEck, 21Shares and Canary Capital wrote to the U.S. SEC, urging the resumption of the “apply first” principle and approval in the order in which ETF applications are submitted to regulators. The companies argue that the SEC failed to comply with the “apply first principle” (i.e., the default application approval process before the crypto ETF went public), weakening healthy competition and hindering financial innovation.
US SEC officially accepts application for listing of Nasdaq 21Shares SUI ETF
The U.S. Securities and Exchange Commission (SEC) officially issued an announcement on June 4, 2025, announcing the acceptance of the listing application for the 21Shares SUI ETF submitted by the Nasdaq Stock Market.
According to the announcement, Nasdaq submitted the application to the SEC on May 23 to list and trade this ETF product based on commodity trust shares under Nasdaq Rule 5711(d).
Global X launches Bitcoin-backed call options ETF
According to PR Newswire, asset management company Global X announced the launch of Bitcoin Billion Call ETF (code: BCCC).
This active management fund implements option strategies for Bitcoin ETF products to realize profits without directly holding the underlying assets.
South Korea's left-wing party candidate Lee Jae-ming was elected the new South Korean president with a vote of 49.42%, defeating right-wing opponent Kin Wenxiu 41.15%. Lee Jae-ming promised to vigorously develop the Korean cryptocurrency industry. The main policies include: allowing local adoption of spot cryptocurrency ETFs, establishing a Korean won stablecoin market, improving the digital asset regulatory framework, and reducing blockchain regulation in specific regions to promote innovation.
South Korea is one of the world's largest cryptocurrency markets, with 9.7 million transaction users, accounting for about 20% of the total population . Unlike the crypto-friendly commitments that former President Yoon Seo-young failed to fulfill, Lee Jae-ming is expected to push the implementation of his crypto-policy amid the changing attitude of the Financial Services Commission.
Jacobi Bitcoin ETF lowers entry barriers, opens to European retail investors for the first time
According to CoinDesk, Jacobi Asset Management announced that its Bitcoin ETF has lowered its entry barrier, opening it to European retail investors for the first time.
The ETF was originally launched at Euronext Amsterdam in 2023 and was previously only for professional investors. Under the approval of Guernsey regulator, the ETF has now lifted the professional investor restrictions and minimum investment requirements, and investors can participate through regulated brokerage and investment platforms.
Jacobi CEO Peter Lane said the move is not only a milestone for the company, but also cements Guernsey's position as a forward-looking digital asset jurisdiction. The fund continues to provide institutional-level secure custody services by Zodia Custody.
Truth Social Bitcoin and Ethereum ETF Registered in Nevada
Truth Social Submits Bitcoin ETF S-1 Registration Statement
US SEC postpones resolution on Canary Capital spot SUI ETF application
JPMorgan plans to provide clients with financing services for cryptocurrency ETFs
Perspectives and analysis on encrypted ETFs
Analysts: The 25th winter market will usher in a large number of active cryptocurrency ETFs
Eric Balchunas, senior Bloomberg ETF analyst, posted on the X platform that the actively traded Meme coin ETF is likely to appear at a certain point in the future. First, the market will usher in a large number of active cryptocurrency ETFs (expected in winter 2025), but the active Meme Coin ETFs may not appear until 2026, and may also give birth to the next celebrity fund management company.
Eric Balchunas, senior Bloomberg ETF analyst, said on social media: "It is expected that IBIT (BlackRock Bitcoin Spot ETF) will surpass Satoshi Nakamoto by the end of next year to become the world's largest Bitcoin holder. This also reflects the convenience, low cost, high liquidity and credibility of ETFs."
jinse
