ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas posted on social media, "IBIT absorbed another $500 million yesterday, marking 15 consecutive days of inflows, currently ranking sixth in annual inflows, surpassing GLD.Considering that IBIT has only risen 4%, while GLD is in its historically best performance period, the ability to attract more inflows under these circumstances is a very positive signal for the long-term outlook, and it strengthens our confidence in the prediction that the assets under management of Bitcoin ETFs will reach three times that of gold ETFs within 3-5 years."

ChainCatcher news, according to Phoenix News, State Street Global Advisors Hong Kong Limited announced the launch of the "State Street Galaxy" application for crypto and traditional investments in collaboration with Galaxy Asset Management, a subsidiary of Galaxy Digital Holdings.It is reported that State Street Hong Kong also stated that it will introduce Galaxy's AI-driven asset allocation model to optimize the digital asset allocation in traditional portfolios, aiming to increase the management scale related to digital assets to $5 billion by 2026.

ChainCatcher news, according to K33 Research's research director Vetle Lunde, as of the end of the fourth quarter of 2024, the number of professional institutions holding exposure to U.S. spot Bitcoin ETFs has reached 1,576, an increase of 429 from the previous quarter.The total assets under management of these institutions have reached $26.8 billion, a quarter-over-quarter growth of 113%.The proportion of assets under management held by institutional investors has risen from 21.3% in the third quarter to 25.4%, with IBIT's trading activity being the most active.

ChainCatcher news, according to HODL15Capital monitoring, BlackRock is the world's largest asset management company, with assets under management exceeding $11.5 trillion.BlackRock has 1,101 funds. Its Bitcoin ETF IBIT ranks 13th among all funds as of the end of 2024, with assets under management reaching $52 billion (achieving this level in less than 1 year).

ChainCatcher news, Bitwise announced that its Ethereum ETF (ETHW) assets under management have surpassed 500 million dollars.

ChainCatcher news, DWF Labs co-founder Andrei Grachev posted on X stating: DWF Labs' assets under management have increased tenfold in the past 10 days. The goal is to reach $50 billion in assets under management in the next two years, capturing 30% of the market share of all liquid altcoins.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan posted on X platform: "We need a stablecoin asset management scale to exceed $1 trillion by the end of 2026 for Polymarket."

ChainCatcher news, according to official data from Grayscale, the management fee rate for its launched XRP trust fund Grayscale XRP Trust is 2.5%, and it will use the CoinDesk Ripple Price Index (XRX) to provide a USD-denominated reference rate for the spot price of Grayscale XRP Trust.In addition, as of September 11, the asset management scale of Grayscale XRP Trust reached $247,921.68, with a net asset value per share of $10.73.

ChainCatcher news, according to the official update from Grayscale regarding its TAO Trust Fund Grayscale Bittensor Trust, as of this Friday, August 23, the assets under management of Grayscale Bittensor Trust have exceeded 2 million dollars, with a net asset value per share of 7 dollars.

ChainCatcher message, Deribit Asia Pacific Business Head Lin Chen posted on X: "This year, the overall inflow performance of ETFs has been very good. IBIT (Blackrock's Bitcoin spot ETF) ranks third, with a net inflow of $20 billion this year; the most popular gold ETF is GLD, which currently has assets under management of $68.88 billion; in comparison to the most popular gold ETF, the assets under management of BTC's ETF could still triple."

ChainCatcher news, Katalin Tischhauser, Head of Investment Research at Sygnum Bank and former executive at Goldman Sachs, stated that since Ethereum's market capitalization is only one-third of Bitcoin's, its relative inflow is expected to be between 15-35% of Bitcoin, with first-year inflows projected to be between $5 billion and $10 billion.She also mentioned that since the value of ETH primarily comes from revenue and cash flow, rather than as a safe-haven asset, it is "more relevant to traditional institutional investors compared to the concept of digital gold."Tischhauser pointed out that if Ethereum's inflows in the past few months were similar to the inflows of the BTC ETF, then the price of ETH could reach $6,000.

ChainCatcher news, the grayscale Bitcoin mini ETF "stock code BTC" has officially started trading, with a current BTC holding of 26,936 bitcoins and an asset management scale of 1.8 billion dollars.

ChainCatcher news, the official grayscale data shows that as of June 20, the GBTC holdings have fallen below the 280,000 Bitcoin mark, with current holdings at 279,330.4741 BTC, and the circulating shares have decreased to 314,430,100 shares. The asset management scale of GBTC (non-GAAP) is 18.1 billion USD.

ChainCatcher news, grayscale official data shows that as of May 29 local time, GBTC holds 287,443.0324 BTC, a decrease of 1550.1133 BTC compared to the previous trading day.In addition, the assets under management of GBTC (non-GAAP) are $19,312,248,182.92, with a circulating share of 323,270,100 shares.

ChainCatcher news, according to Coinglass data, the total assets under management of Bitcoin ETFs reached $53.967 billion.Among them, the top three Bitcoin ETFs by assets under management are:GBTC with assets under management of $19.373 billion;IBIT with assets under management of $17.243 billion;FBTC with assets under management of $9 billion.

ChainCatcher news, according to Farside Investors data, since the launch of the Bitcoin spot ETF, GBTC has seen a cumulative net outflow of $17.6329 billion.According to Coinglass data, the assets under management of GBTC have dropped to $17.647 billion.

ChainCatcher news shows that BlackRock's spot Bitcoin ETF IBIT and Fidelity's spot Bitcoin ETF FBTC surpassed $10 billion in assets under management in 49 and 77 trading days, respectively, while the previous record holder JEPQ took 647 trading days, approximately three years.

ChainCatcher news, according to Bloomberg, Sui Chung, CEO of CF Benchmarks under the cryptocurrency exchange platform Kraken, expects that by the end of 2024, the asset management scale of Bitcoin ETFs in Hong Kong will reach $1 billion.London-based CF Benchmarks provides reference data for crypto ETFs, primarily Bitcoin products, including BlackRock's IBIT. The company is currently collaborating on a new ETF in Hong Kong, which was launched earlier this week. Chung believes that South Korea and Israel are the next markets for listed crypto ETFs.CF Benchmarks was founded in 2017 and was acquired by Kraken for over a million dollars in 2019.