Compiled: Jerry, ChainCatcher
Last week, US Bitcoin Spot ETFs experienced net outflow of funds for four consecutive trading days, with a total outflow of US$552 million and total net asset value remained at US$110.8 billion. The outflows of the three ETFs, FBTC, ARKB and BITB, were the most obvious, with outflows of $153 million, $107 million and $105 million respectively. It is worth noting that only the VanEck HODL ETF shows a net inflow of funds.
Source of Data: Farside Investors
Last week, the U.S. Ethereum Spot ETF had a net outflow of $1.6 million, with a total net asset value of about $9.98 billion, and an average daily turnover of $346 million. The most significant outflow of the Grayscale ETHE ETF, with a net outflow of $15.8 million. The remaining 6 Ethereum spot ETFs did not show significant capital flows.
Source of Data: Farside Investors
Last week, Hong Kong Bitcoin Spot ETF had a net outflow of 19.03 Bitcoins, with a net asset value of US$421 million. The holdings of Jiashishen Bitcoin ETFs increased to 357, while the holdings of Huaxia Bitcoin ETFs were 2,320. At the same time, Hong Kong Ethereum spot ETF funds had a net outflow of 401 ETH, with a net asset value of approximately US$55.29 million.
Data source: SoSoValue
As of February 20, the nominal total transaction volume of Bitcoin spot ETF options in the United States was US$577 million, with a long-to-short ratio of 1.88. As of February 13, the total nominal holdings reached US$13.45 billion, with a long-to-short ratio of 1.98. In the short term, the activity of Bitcoin spot ETF options trading has declined, but overall market sentiment is still bullish, with an implicit volatility of 53.28%.
Source of data: SoSoValue
Canary Litecoin Spot ETF has been listed on the DTCC official website and the code is LTCC. Although this does not mean regulatory approval, inclusion in the DTCC website is a standard process introduced by the new ETF.
US SEC has confirmed that it has received a Bitwise XRP spot ETF application. The SEC requires that comments be submitted within 21 days of publication of the Federal Register, after which a decision will be made on approval. Bloomberg analysts predict that the probability of its approval is 65%.
SEC solicits public comment on Grayscale and Bitwise Ethereum ETF options trading. The SEC will accept comments within 21 days of the publication of the Federal Register before deciding whether to approve it.
Hashdex is approved to launch the world's first XRP spot ETF in Brazil. This ETF is now in the pre-operation stage and its official launch time is to be determined.
Grayscale Spot XRP ETF application has been submitted to the Federal Gazette, with the resolution ending October 18.
Franklin Templeton submitted spot Solana ETF S-1 documents to the US SEC.
XRP ETF and Solana ETF have applied for formal entry into the US SEC Federal Register, awaiting further approval.
Australian ETF operator BetaShares launches BTC ETF.
US Stock Exchange MEMX applied to the SEC to approve its listing of the 21Shares XRP ETF.
The US SEC confirmed that it had received a proposal by 21Shares to pledge Ethereum ETFs.
The US SEC seeks public comment on the WisdomTree XRP ETF proposal.
Market News: US SEC confirms that the COINSHARES SPOT XRP ETF application has been submitted.
US SEC has confirmed that it has received a Litecoin spot ETF application submitted by CoinShares.
Bloomberg Analyst: The probability of LTC ETF being approved is 90%, and the listing on the DTCC indicates that the issuer has begun to prepare.
Bloomberg analyst: PlanB's transfer of Bitcoin to ETF is enough to show that the convenience it provides is very powerful.
President of The ETF Store: Schwab Finance has established a digital asset manager position and may provide crypto spot trading services.
Bloomberg analyst: Compared with gold ETFs, the institutional holding ratio of Bitcoin ETFs still has room for growth of 10-15%.
Northstake executive: If the XRP ETF is approved, it is expected to flow between $400 million and $500 million in the first week. Bloomberg analysts predict a 65% chance of approval.
Analysts: The inflow of funds from Bitcoin and Ethereum ETFs has slowed significantly since the election, and the market is waiting for new catalysts.
The above is the detailed content of Crypto ETF Weekly Report | Last week, the net outflow of US Bitcoin Spot ETFs was $552 million, and the Canary Litecoin Spot ETFs are listed on the DTCC official website. For more information, please follow other related articles on the PHP Chinese website!