Latest updates on Bitcoin and Ethereum ETF - ChainCatcher

According to SoSoValue data, yesterday (February 13, Eastern Time) the total net inflow of XRP spot ETFs was $4.5018 million.The XRP spot ETF with the highest net inflow yesterday was the Bitwise XRP ETF (XRP), with a net inflow of $2.5221 million, bringing its historical total net inflow to $362 million.Following that was the Franklin XRP ETF (XRPZ), with a net inflow of $1.5300 million, bringing its historical total net inflow to $328 million.As of the time of writing, the total net asset value of XRP spot ETFs is $1.012 billion, with an XRP net asset ratio of 1.18%, and the historical cumulative net inflow has reached $1.229 billion.

Bloomberg ETF analyst Eric Balchunas disclosed that Canary has updated its spot Trump Coin ETF application documents, adding multiple pieces of information, including the confirmation that BitGo will act as the custodian. Currently, the ETF has not announced a trading symbol.

According to The Block, Grayscale has submitted an application to the U.S. Securities and Exchange Commission (SEC) to convert its closed-end AAVE trust into an exchange-traded fund (ETF), intending to list on NYSE Arca.The ETF will charge a 2.5% NAV sponsorship fee and will have Coinbase as the custodian and primary broker.

According to official news, the first AVAX spot ETF in the United States, VAVX, launched by ETF issuer VanEck, will be listed on Nasdaq today.It is reported that this ETF will stake a portion of the held AVAX, and the rewards generated (after deducting fees) will be returned to the holders. The issuer VanEck previously stated that it would waive fees for the first $500 million in assets flowing in.

According to Decrypt, the 21Shares spot DOGE ETF, supported by the Dogecoin Foundation, was listed on Nasdaq today under the trading code TDOG.This product is the first spot Dogecoin ETF in the U.S. to receive official approval from the SEC, allowing retail and institutional investors to access Dogecoin through traditional brokerage accounts. The president of 21Shares stated that the main target customers for this ETF are young, affluent mainstream investors. This is the third spot DOGE ETF to enter the U.S. market, following the products launched by Bitwise and Grayscale.

According to SoSoValue data, the net inflow for Ethereum spot ETFs during this week's trading days (Eastern Time from January 12 to January 16) was $479 million.The Ethereum spot ETF with the highest net inflow this week was the BlackRock ETF ETHA, with a weekly net inflow of $219 million, bringing its historical total net inflow to $12.94 billion. Following that was the Grayscale Ethereum Trust ETH, with a weekly net inflow of $123 million, currently having a historical total net inflow of $1.63 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $20.42 billion, with an ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) reaching 5.14%, and the historical cumulative net inflow has reached $12.91 billion.

According to SoSoValue data, during this week's trading days (Eastern Time from January 12 to January 16), the net inflow for Bitcoin spot ETFs was $1.42 billion.The Bitcoin spot ETF with the highest net inflow this week was BlackRock's ETF IBIT, which had a weekly net inflow of $1.035 billion, bringing IBIT's historical total net inflow to $63.44 billion. Following that was Fidelity's ETF FBTC, with a weekly net inflow of $194 million, and FBTC's historical total net inflow currently stands at $11.92 billion.The Bitcoin spot ETF with the highest net outflow this week was Grayscale's Bitcoin Trust GBTC, which experienced a weekly net outflow of $1.6757 million, and GBTC's historical total net outflow has reached $25.41 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $124.56 billion, with an ETF net asset ratio (market cap as a percentage of total Bitcoin market cap) of 6.53%, and the historical cumulative net inflow has reached $57.82 billion.