Crypto ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $2.386 billion; the net inflow for Ethereum spot ETFs in the U.S. was $2.182 billion
BlackRock applies to introduce staking features in its Ethereum ETF.整理：Jerry，ChainCatcher
Last Week's Crypto Spot ETF Performance
US Bitcoin Spot ETF Net Inflow of $2.386 Billion
Last week, the US Bitcoin spot ETF saw a net inflow for five consecutive days, totaling $2.386 billion, with total assets under management reaching $152.4 billion.
Seven ETFs were in a net inflow state last week, with inflows mainly coming from IBIT, BTC, and HODL, which saw inflows of $2.569 billion, $41.9 million, and $30.9 million, respectively.
Data Source: Farside Investors
US Ethereum Spot ETF Net Inflow of $2.182 Billion
Last week, the US Ethereum spot ETF experienced a net inflow for five consecutive days, totaling $2.182 billion, with total assets under management reaching $18.37 billion.
The inflow last week mainly came from BlackRock's ETHA, with a net inflow of $1.763 billion. All nine Ethereum spot ETFs were in a net inflow state.
Data Source: Farside Investors
Hong Kong Bitcoin Spot ETF Net Inflow of 72.73 Bitcoins
Last week, the Hong Kong Bitcoin spot ETF saw a net inflow of 72.73 Bitcoins, with assets under management reaching $50.5 million. The holdings of the issuer, Harvest Bitcoin, decreased to 293.2 Bitcoins, while Huaxia increased to 2,280 Bitcoins.
The Hong Kong Ethereum spot ETF had a net inflow of 920 Ethers, with assets under management of $8.117 million.
Data Source: SoSoValue
Crypto Spot ETF Options Performance
As of July 18, the nominal total trading volume of US Bitcoin spot ETF options was $1.33 billion, with a nominal total long-short ratio of 2.53.
As of July 17, the nominal total open interest of US Bitcoin spot ETF options reached $27.41 billion, with a nominal total long-short ratio of 1.82.
The market's short-term trading activity for Bitcoin spot ETF options has increased, with overall sentiment leaning bullish.
Additionally, the implied volatility is at 43.54%.
Data Source: SoSoValue
Overview of Last Week's Crypto ETF Developments
According to DL News, BlackRock's recent move to add staking options to its iShares Ethereum Trust has reignited discussions about the US Securities and Exchange Commission's batch approval process. VanEck, 21Shares, and Canary Capital have urged the SEC to consider adopting a first-come, first-served approval process, rather than wanting to "batch approve" alongside BlackRock, which submitted its application later.
Bloomberg ETF analyst James Seyffart stated on platform X that the staking options for Ethereum ETFs submitted by multiple institutions "will take time to complete," with the final deadline for early applications being late October 2025. However, the response deadline for BlackRock's Ethereum ETH staking application is around April 2026, although approval could potentially come as early as the fourth quarter of 2025.
According to Hong Kong media Wen Wei Po, after listing the Bitcoin ETF in Hong Kong, Pandora's founder and CEO Ren Junfei announced plans to launch a staking spot Ethereum ETF product in Hong Kong in the second half of this year. This product will not only be a spot holding product but will also include additional income. The company is currently in communication with Hong Kong regulators regarding how to protect investor interests and operational matters such as subscription and redemption.
21Shares Applies to US SEC for Two Crypto Index ETFs
21Shares has applied to the US SEC for two cryptocurrency index ETFs, namely the 21Shares FTSE Crypto 10 Index ETF and the 21Shares FTSE Crypto 10 ex-BTC Index ETF. The two products track the top ten cryptocurrencies by market capitalization and the FTSE Crypto Index excluding Bitcoin, respectively.
US SEC Delays Decision on Bitwise BTC and ETH ETF Physical Redemption
According to Decrypt, the US Securities and Exchange Commission (SEC) has extended the timeline for its decision on the physical redemption of the Bitwise Bitcoin ETF Trust and Bitwise Ethereum ETF.
Physical redemption allows investors to exchange their ETF shares for the underlying tokens. The SEC's new deadline is September 8.
Bitwise Launches Third-Party Asset Reserve Proof Service for Its Bitcoin and Ethereum Spot ETFs
According to official news, Bitwise has announced the launch of a third-party asset reserve proof transparency service for its Bitcoin spot ETF (BITB) and Ethereum spot ETF (ETHW), provided by the US accounting firm The Network Firm.
NYSE Approves ProShares Ultra XRP ETF
According to Cointelegraph, the NYSE has approved the ProShares Ultra XRP ETF (ticker: UXRP).
BlackRock Applies to Introduce Staking Feature in Ethereum ETF
Canary Submits S-1 Form for STAKED INJ ETF
Market News: ProShares Launches ETF Aimed at Achieving 2x Daily Returns for SOL and XRP
Views and Analysis on Crypto ETFs
Bloomberg ETF Analyst: BlackRock's IBIT Size May Reach $100 Billion This Summer
Bloomberg senior ETF analyst Eric Balchunas stated on social media that the size of BlackRock's Bitcoin spot ETF IBIT could reach $100 billion this summer, possibly even this month.
Thanks to recent inflows and price increases in overnight trading, its size has already reached $88 billion. Established only a year and a half ago, it has now become the 20th largest ETF in the US and BlackRock's 7th largest ETF (also its most profitable ETF). It's truly incredible.
Risk warning
Risk warning
