etf

According to SoSoValue data, yesterday (Eastern Time April 30), the total net outflow of the XRP spot ETF was $5.8284 million.Yesterday, only the Bitwise XRP ETF (XRP) had a net outflow, with a single-day net outflow of $5.8284 million, and the historical total net inflow has reached $422 million.As of the time of writing, the total net asset value of the XRP spot ETF is $1.044 billion, with an XRP net asset ratio of 1.23%, and the historical cumulative net inflow has reached $1.291 billion.

According to Lookonchain monitoring, the net outflow of Bitcoin ETFs in the United States is 1,725 BTC, the net outflow of Ethereum ETFs is 41,275 ETH, and the net inflow of Solana ETFs is 1,465 SOL.

Bitcoin fluctuated around $76,000 on Thursday. After the Federal Reserve kept interest rates unchanged, market focus quickly shifted to internal policy divisions and macro uncertainties. Analysts pointed out that Bitcoin remains suppressed below the key resistance range of $78,000 to $79,000, lacking breakthrough momentum in the short term.Kraken's chief economist Thomas Perfumo stated that the current market is more concerned about the policy uncertainties brought about by the "division" within the Federal Reserve rather than the inaction itself, especially against the backdrop of Chairman Jerome Powell's continued tenure alongside expectations of Kevin Warsh potentially taking over, leading to a lack of clear policy transition. Glassnode data shows that Bitcoin is still "trapped" below the True Market Mean, with resistance concentrated in the $78,000 to $79,000 range and support located between $65,000 and $70,000.Although selling pressure has eased, demand is insufficient to support a sustained upward breakthrough. On the macro level, the Federal Reserve has rarely shown severe divisions, which the market interprets as an increase in uncertainty regarding the inflation path. Institutions such as Bitget Wallet and 21Shares pointed out that expectations of "maintaining high interest rates for a longer term" are suppressing the performance of risk assets, leading the crypto market into a wait-and-see phase.In terms of capital flows, U.S. Bitcoin spot ETFs have recorded net outflows for three consecutive days, with approximately $138 million flowing out on April 29 alone; Ethereum ETFs saw outflows of about $87.7 million during the same period. Although some individual products still have inflows, the overall trend indicates that institutional demand is cooling.Meanwhile, while CME positions and ETF assets under management have stabilized, there has not yet been a strong signal of capital returning. The derivatives market shows that short positions in perpetual contracts have reached historical highs; if sentiment improves, it may trigger a short squeeze, but the current market remains characterized by low volatility and low confidence. Overall, Bitcoin is caught between an improving support structure and weak demand, with continuous ETF outflows, policy uncertainty, and macro risks collectively suppressing its breakthrough of key resistance levels.

According to CoinDesk, Hiromi Yamaji, CEO of Japan Exchange Group (JPX), stated that JPX plans to launch a cryptocurrency ETF as early as 2027, targeting products that include BTC and ETH, a move driven by the successful experience of the U.S. spot ETF.

Ark Invest purchased $39 million in Robinhood stock and sold $6 million in spot BTC ETF.

According to Bloomberg, the Japan Exchange Group stated that if legal revisions allow, exchange-traded funds tracking cryptocurrencies could be listed as early as next year. JPX CEO Hiromi Yamaji said, "Asset management companies have shown strong interest in creating cryptocurrency ETF products. Once the legislation and tax treatment are clarified, we are ready to start this work."JPX also believes that if progress is delayed, the listing could be postponed until 2028.

According to SoSoValue data, yesterday (Eastern Time April 29) the total net outflow of Ethereum spot ETFs was $87.7256 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was the Fidelity ETF FETH, with a single-day net outflow of $48.3737 million. Currently, FETH has a historical total net inflow of $2.241 billion.Next was the Blackrock ETF ETHA, with a single-day net outflow of $37.0565 million. Currently, ETHA has a historical total net outflow of $92.6985 million.As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.096 billion, and the ETF net asset ratio (the market value as a percentage of Ethereum's total market value) is 4.84%. The historical cumulative net inflow has reached $11.939 billion.

According to SoSoValue data, yesterday (Eastern Time April 29) the total net outflow of Bitcoin spot ETFs was $138 million.The Bitcoin spot ETF with the highest net inflow yesterday was the Morgan Stanley ETF MSBT, with a net inflow of $10.8149 million for the day, bringing the historical total net inflow of MSBT to $164 million.The Bitcoin spot ETF with the highest net outflow yesterday was the Blackrock ETF IBIT, with a net outflow of $54.7251 million for the day, bringing the historical total net inflow of IBIT to $23.3928 million.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $99.267 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.55%, and the historical cumulative net inflow has reached $58.073 billion.

According to SoSoValue data, yesterday (Eastern Time April 29) the total net inflow of XRP spot ETFs was $3.5914 million.The XRP spot ETF with the highest net inflow yesterday was Bitwise XRP ETF (XRP), with a net inflow of $2.1204 million, bringing its historical total net inflow to $428 million.Next was Franklin XRP ETF (XRPZ), with a net inflow of $1.4711 million, bringing its historical total net inflow to $350 million.As of the time of publication, the total net asset value of XRP spot ETFs was $1.036 billion, with an XRP net asset ratio of 1.23%, and the historical cumulative net inflow had reached $1.296 billion.

According to CoinDesk, 21Shares Chief Investment Officer Adrian Fritz stated that the spot Bitcoin ETF continues to attract inflows, reinforcing Bitcoin's core position in institutional asset allocation, even as prices remain fluctuating below $80,000. Adrian Fritz pointed out that since the beginning of this year, Bitcoin ETFs have accumulated nearly $2 billion in funds, with sources including retail investors, institutions, and hedge fund arbitrage and options strategy trading.As traditional asset management institutions like Morgan Stanley accelerate their layouts, crypto assets are being more widely incorporated into multi-asset portfolio allocations. Bitcoin's current daily trading volume has exceeded $50 billion, and liquidity levels are approaching those of large tech stocks like Nvidia. The ETF mechanism simultaneously provides liquidity in both primary and secondary markets, gradually giving it "institutional-grade asset" attributes.Although the market is still suppressed by macro and interest rate environments, Adrian Fritz believes that ETF inflows have shifted from being driven by speculation to structural demand. He expects that with improvements in geopolitical conditions, continued inflows, and short covering, Bitcoin is likely to challenge the $100,000 mark within the year. Meanwhile, the differentiation among altcoins is intensifying, and the market is shifting towards a logic of asset selection that emphasizes fundamentals and cash flow.

Some observers view Morgan Stanley's entry into the U.S. spot Bitcoin ETF earlier this month as a catalyst to end the current crypto bear market, citing the large distribution capability of the Wall Street giant's $8 trillion wealth advisory network. However, Blockstream CEO and early Bitcoin community contributor Adam Back stated that "it won't happen that quickly."Back was recently speculated by The New York Times to be the anonymous Bitcoin creator Satoshi Nakamoto, which he denied. Back indicated that from a positive market signal perspective, the Bitcoin ETF could be the most significant development in recent times, even more important than a pro-crypto U.S. government, but this process is slower than most people realize.Back stated, "I think one thing people might be miscalculating is that institutional adoption is very slow. So the ETF has been bought, but when BlackRock suggested allocating 2% to 4% in its general stock portfolio, fund managers had not done that yet. They will, but slower than people expect." He mentioned that investors will not rush in overnight, and the accumulation process could take a year or even 18 months.Regarding prices, Back noted that the cyclical nature of Bitcoin's four-year halving cycle needs to be considered. He pointed out that even if some commentators believe the four-year cycle is breaking down, "people expect it to happen, so they sell to make it actually happen," and a decline could still occur. This logic will only change when people see the market strengthen, which is currently manifesting in the form of institutional capital inflows.Back stated that regarding recent comments about the accelerated development of quantum computing hardware potentially threatening Bitcoin's cryptography, institutions are more systematic in risk management and will focus on tail risks, while retail investors view it as a distant future risk.

According to SoSoValue data, yesterday (Eastern Time April 28) the total net outflow of Ethereum spot ETFs was $21.8019 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF ETHA, with a single-day net outflow of $13.1697 million, bringing the historical total net outflow of ETHA to $55.6420 million.Next was the Grayscale Ethereum Trust ETF ETHE, with a single-day net outflow of $6.9149 million, and the historical total net outflow of ETHE has reached $5.254 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.571 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) of 4.9%, and the historical cumulative net inflow has reached $12.026 billion.

According to SoSoValue data, yesterday (Eastern Time April 28), the total net outflow of Bitcoin spot ETFs was $89.6754 million.The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Ark Invest and 21Shares ETF ARKB, with a single-day net inflow of $41.2021 million. Currently, ARKB's historical total net inflow has reached $1.608 billion.The Bitcoin spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF IBIT, with a single-day net outflow of $11.2 million. Currently, IBIT's historical total net inflow has reached $78.118 million.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $100.39 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.56%, and the historical cumulative net inflow has reached $58.211 billion.

Bloomberg ETF analyst James Seyffart published an article revealing that the market ETF is expected to be officially launched next week. Roundhill's relevant application documents have been submitted, with an effective date set for May 5. The first predicted market ETFs will use the election results of the Democratic or Republican control of the House of Representatives or the Senate as the underlying asset.

According to SoSoValue data, the XRP spot ETF had a total net inflow of $2.2018 million in a single day. The historical total net inflow has reached $424 million.As of the time of writing, the total net asset value of the XRP spot ETF is $1.053 billion, with an XRP net asset ratio of 1.23%, and the historical cumulative net inflow has reached $1.293 billion.

Bitcoin fell below $77,000, with the U.S. spot Bitcoin ETF recording a net outflow of $263.2 million, ending a nine-day streak of net inflows. This coincided with the eve of this week's Federal Reserve FOMC meeting, adding a touch of caution to the already resilient April rebound.Bitcoin declined today, but it has still risen about 15% over the past month, reaching a high of $79,000 in April. The interruption of ETF fund momentum is significant because it occurs just before a week of major macroeconomic events. The market is currently digesting the Federal Reserve's decisions, new inflation concerns, GDP data, a series of earnings reports from major tech companies, and another round of interest rate decisions from central banks in Europe and Asia.Timothy Misir, head of research at BRN, stated that the crypto market entered this week with inspiring momentum, but there are too many cross factors to determine a clean risk appetite trend. In his view, investors are showing signs of "war fatigue" regarding the situation in the Middle East, while central banks are forced to find a balance between supply-driven inflation and weakening confidence along with mixed data.Glassnode expressed a similar view in its latest weekly pulse report. Analysts noted that Bitcoin still exhibits a "mix of bullish momentum, cautious sentiment, and consolidation," with strong buying pressure offset by weaker speculative participation and lower trading activity.QCP Capital stated that Bitcoin had a significant rebound in April, maintaining an overall constructive pattern. However, the firm believes that $82,000 remains a key level, with the nearby CME gap constituting the next real test.Andy Baehr, managing director at GSR Asset Management, mentioned that prices are "gradually rising," and $80,000 remains a key psychological level.

According to SoSoValue data, yesterday (Eastern Time April 27), the total net outflow of Bitcoin spot ETFs was $263 million.The Bitcoin spot ETF with the highest single-day net outflow yesterday was the Fidelity ETF FBTC, with a single-day net outflow of $150 million. Currently, the historical total net inflow of FBTC is $10.883 billion.The second highest was the Grayscale ETF GBTC, with a single-day net outflow of $46.6259 million. Currently, the historical total net outflow of GBTC is $26.262 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $101.234 billion, with an ETF net asset ratio (market value relative to the total market value of Bitcoin) of 6.57%. The historical cumulative net inflow has reached $58.301 billion.

According to SoSoValue data, yesterday (Eastern Time April 27), the total net outflow of Ethereum spot ETFs was $50.4794 million.The Ethereum spot ETF with the highest single-day net inflow yesterday was Blackrock Staked ETH ETF ETHB, with a single-day net inflow of $11.7602 million. Currently, the historical total net inflow of ETHB has reached $44.0122 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was Fidelity ETF FETH, with a single-day net outflow of $48.4315 million. Currently, the historical total net inflow of FETH has reached $2.291 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.532 billion, and the ETF net asset ratio (market value as a percentage of Ethereum's total market value) is 4.89%. The historical cumulative net inflow has reached $12.048 billion.

According to Bitcoin.com, the U.S. Securities and Exchange Commission (SEC) has issued a notice seeking public comment on the rule change proposed by the NYSE Arca.The proposal requires that at least 85% of the assets in commodity trust shares must meet existing eligibility standards, with derivatives calculated based on nominal total value. Eligible assets include Bitcoin, Ethereum, Solana, and XRP, which have been traded on designated markets for at least six months and have exchange-traded products providing significant exposure, while NFTs and collectibles are explicitly excluded.If the trust holds Bitcoin and over-the-counter call options on Bitcoin ETFs, only about 71% of the exposure will meet the requirements and will not be approved. The proposal aims to limit most exposure to a manageable range of assets while allowing more products to be listed. The SEC can approve, reject, or initiate related procedures during the review period.

According to Bloomberg ETF analyst Eric Balchunas, T Rowe has submitted a third revised filing for the Active Crypto ETF, with the trading code $ TOKN and a fee rate of 75 basis points. According to its disclosure, the product may be launched soon.Eric Balchunas noted that it is worth paying attention to the fact that T Rowe is currently the largest actively managed institution applying to introduce active management capabilities in this field.