etf

According to SoSoValue data, yesterday (Eastern Time July 24), the HYPE spot ETF had a total net outflow of $6.8882 million in a single day.Yesterday, only the Bitwise Hyperliquid ETF (BHYP) had a net outflow, with a single-day net outflow of $6.8882 million, and the historical total net inflow currently stands at $117 million.As of the time of publication, the total net asset value of the HYPE spot ETF is $288 million, with a net asset ratio of 2.24%, and the historical cumulative net inflow has reached $293 million.

Founder of Strategy, Michael Saylor, stated that digital credit is entering the mainstream allocation range for institutions. STRC has now become the largest holding in the three leading preferred stock ETFs in the United States, with a total related holding size reaching $756 million, involving BlackRock PFF, Virtus InfraCap PFFA, and VanEck PFXF.

According to monitoring by Onchain Lens, BlackRock transferred 3,126 BTC, worth approximately $203 million, from its IBIT Bitcoin ETF wallet to Coinbase Prime.The transfer was executed through multiple transactions, including several transfers of 300 BTC and one transfer of 126.168 BTC.

Japanese regulatory authorities are advancing the adjustment of the legal framework for digital asset investment. A spot Bitcoin ETF may be approved for listing as early as 2028, but the timeline still depends on the progress of regulation, product review, and tax reform.On July 15, the Japanese Diet approved the transfer of Bitcoin and approximately 105 other crypto assets from the Payment Services Act framework to the Financial Instruments and Exchange Act, removing a major legal obstacle for related funds to be listed on the Tokyo Stock Exchange. Major Japanese financial groups such as SBI Holdings and Nomura are preparing digital asset products. Japan also plans to adjust the crypto asset tax system from a maximum miscellaneous income tax of 55% to a separate reporting tax system of approximately 20.315%.

According to SoSoValue data, the total net outflow of Bitcoin spot ETFs yesterday was $225 million. The Bitcoin spot ETF with the highest net inflow in a single day was the Morgan Stanley ETF MSBT, with a net inflow of $5.0108 million. Currently, the historical total net inflow of MSBT has reached $400 million.The Bitcoin spot ETF with the highest net outflow in a single day was the Blackrock ETF IBIT, with a net outflow of $202 million. Currently, the historical total net inflow of IBIT has reached $60.607 billion. As of the time of publication, the total net asset value of Bitcoin spot ETFs is $78.817 billion, and the ETF net asset ratio (the market value compared to the total market value of Bitcoin) is 6.03%. The historical cumulative net inflow has reached $51.626 billion.

According to SoSoValue data, the total net inflow of Ethereum spot ETFs is $26,319,900. The Ethereum spot ETF with the highest single-day net inflow is Fidelity ETF FETH, with a single-day net inflow of $14,928,000, and the historical total net inflow of FETH has reached $2.149 billion.The second is Blackrock ETF ETHA, with a single-day net inflow of $8,494,300, and the historical total net inflow of ETHA has reached $11.463 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $10.32 billion, and the ETF net asset ratio (the market value as a percentage of Ethereum's total market value) is 4.53%, with a historical cumulative net inflow of $11.253 billion.

According to the Korea Herald, the Financial Services Commission, the Financial Supervisory Service, and the exchange have decided that starting from July 31, the minimum deposit requirement for single stock leveraged ETFs and ETNs will be raised from 10 million KRW (approximately 51,000 USD) to 30 million KRW (approximately 153,000 USD), and only cash will be accepted; stocks, bonds, and other securities will no longer be recognized as collateral. The new regulations apply to both domestic and overseas listed products, and existing investors must also meet the requirements when making additional purchases, but there are no restrictions on selling. In addition, the funds from sales can only be counted as deposits after 2 business days following settlement, and loans secured by the sale proceeds will not count as deposits.The product was launched on May 27, involving 16 underlying assets, with an initial market value of approximately 4.4 trillion KRW, which has expanded to 11.9 trillion KRW as of July 15. Daily trading volume increased from 10.4 trillion KRW on the day of listing to about 13 trillion KRW. Previously, South Korea had suspended the listing of new products and prohibited related advertisements starting from July 16, tightening the discount rate management standard from 3% to 2%. Market rumors suggest that regulators are also considering reducing the number of liquidity providers, widening the bid-ask spread, and lowering the leverage ratio from 2 times to around 1.5 times.

According to SoSoValue data, yesterday (Eastern Time July 23), the HYPE spot ETF had a total net outflow of $1.0249 million in a single day.Yesterday, only the Grayscale Hyperliquid Staking ETF (HYPG) experienced a net outflow, with a single-day net outflow of $1.0249 million, and the historical total net inflow has reached $127 million.As of the time of writing, the total net asset value of the HYPE spot ETF is $294 million, with a HYPE net asset ratio of 2.28%, and the historical cumulative net inflow has reached $300 million.

According to SoSoValue data, yesterday (Eastern Time July 22), the total net inflow of Ethereum spot ETFs was $72.6422 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was Blackrock ETF ETHA, with a single-day net inflow of $53.4667 million. Currently, the historical total net inflow of ETHA has reached $11.454 billion.The second was Fidelity ETF FETH, with a single-day net inflow of $19.1755 million. Currently, the historical total net inflow of FETH has reached $2.134 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $10.566 billion, and the ETF net asset ratio (market value as a percentage of Ethereum's total market value) is 4.54%. The historical cumulative net inflow has reached $11.227 billion.

According to SoSoValue data, yesterday (Eastern Time July 22) the total net inflow of Bitcoin spot ETFs was $68.987 million.The Bitcoin spot ETF with the highest net inflow yesterday was Blackrock ETF IBIT, with a net inflow of $38.7795 million, bringing IBIT's historical total net inflow to $6.0809 billion. Following that was Grayscale Bitcoin Trust ETF BTC, with a net inflow of $37.8773 million, currently BTC's historical total net inflow stands at $2.649 billion. The Bitcoin spot ETF with the highest net outflow yesterday was Grayscale ETF GBTC, with a net outflow of $38.2963 million, currently GBTC's historical total net outflow is $27.415 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $80.361 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.08%, and the historical cumulative net inflow has reached $5.1851 billion.

CryptoQuant analyst Darkfost stated that the fund flow of spot Bitcoin ETFs over the past 30 days has seen a net outflow of approximately $2.1 billion, and the new demand from Strategy and other Bitcoin treasury companies has been close to zero for several weeks.He estimates that the monthly demand from treasury companies reached about $6.6 billion in August 2025, when BTC was around $115,000, while the current BTC is about $65,000, and the related demand has basically disappeared.

According to SoSoValue data, yesterday (Eastern Time July 22) the total net outflow of the SOL spot ETF was $1.2721 million.The SOL spot ETF with the highest net outflow yesterday was the Fidelity Solana Fund ETF (FSOL), with a net outflow of $686,600, and its historical total net inflow has reached $196 million. The second was the Grayscale Solana Trust (GSOL), with a net outflow of $585,500, and its historical total net inflow has reached $108 million.As of the time of publication, the total net asset value of the SOL spot ETF is $909 million, with a net asset ratio of 2.00%, and the historical cumulative net inflow has reached $1.144 billion.

On-chain data analyst Murphy stated that this cycle is significantly different from the past due to the influx of traditional institutional funds brought in by the BTC spot ETF. He pointed out that the net flow of the ETF essentially records the subscription and redemption results of authorized participants (AP) in the primary market. It will only translate into net inflows or outflows in the data when the selling pressure in the secondary market continues to push the ETF price away from its net asset value and exceeds the arbitrage cost line.Murphy analyzed the data from glassnode and noted that from January to February, the market showed "high trading volume + slight net outflow," indicating that although there was obvious panic selling at that time, there was still a large amount of buying support. In contrast, from May to July, the market exhibited "low trading volume + significant net outflow." The more core signal was not a significant increase in selling pressure, but rather the absence of marginal buying, leading to the ETF consistently trading at a discount and resulting in AP redemptions.He believes that this stage is more likely to reflect a second round of "surrender" at the institutional level, which typically belongs to the tail-end clearing pattern of the market, and judges that this may provide new layout opportunities for retail investors, although the duration cannot be clearly determined by the current data.

According to SoSoValue data, the total net inflow of Bitcoin spot ETFs is $203 million. The Bitcoin spot ETF with the highest single-day net inflow is the Blackrock ETF IBIT, with a single-day net inflow of $164 million. Currently, the historical total net inflow of IBIT has reached $60.77 billion.Next is the Fidelity ETF FBTC, with a single-day net inflow of $23.1066 million. Currently, the historical total net inflow of FBTC has reached $10.017 billion. As of the time of publication, the total net asset value of Bitcoin spot ETFs is $80.938 billion, and the ETF net asset ratio (the market value compared to the total market value of Bitcoin) is 6.08%. The historical cumulative net inflow has reached $51.782 billion.

According to SoSoValue data, the total net inflow of Ethereum spot ETFs yesterday was $37.471 million. The Ethereum spot ETF with the highest single-day net inflow was the Blackrock ETF ETHA, with a single-day net inflow of $52.7916 million. Currently, the historical total net inflow of ETHA has reached $11.401 billion.The Ethereum spot ETF with the highest single-day net outflow was the Fidelity ETF FETH, with a single-day net outflow of $15.3206 million. Currently, the historical total net inflow of FETH has reached $2.115 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $10.478 billion, with an ETF net asset ratio (the market value as a percentage of Ethereum's total market value) of 4.51%, and the historical cumulative net inflow has reached $11.155 billion.

According to BeInCrypto, Tom Lee, co-founder of Fundstrat and chairman of Bitmine, stated that AI funds are rotating from the storage chip sector to Ethereum. He cited data showing that the relative performance of Ethereum compared to the Roundhill Memory ETF (DRAM) has widened to 72 percentage points since June 25—Ethereum has risen 24%, while the DRAM ETF has fallen 38%.The DRAM ETF was launched in April this year and is the first fund to invest solely in storage chip manufacturers, with SK Hynix and Samsung accounting for about 41% of its weight. The fund raised $6.5 billion in 27 trading days, setting a record for the fastest ETF issuance. Lee pointed out that BlackRock's tokenized BUIDL fund and applications like Robinhood Chain are all built on Ethereum, which forms the institutional bullish logic for Ethereum.

According to SoSoValue data, the total net inflow of the SOL spot ETF in a single day is $5.8349 million. Yesterday, only the Bitwise Solana Staking ETF (BSOL) had a net inflow, with a single-day net inflow of $5.8349 million, and the historical total net inflow has reached $908 million.As of the time of writing, the total net asset value of the SOL spot ETF is $913 million, with a SOL net asset ratio of 2.01%, and the historical cumulative net inflow has reached $1.146 billion.

According to monitoring by Onchain Lens, the Morgan Stanley Bitcoin Trust ETF withdrew 106.04 bitcoins from Coinbase Prime, worth approximately 7.01 million dollars.

According to Lookonchain monitoring, the net inflow of Bitcoin ETFs in the United States is 3,443 BTC, with a net inflow of 11,030 BTC over 7 days; the net inflow of Ethereum ETFs is 19,517 ETH, with a net inflow of 81,773 ETH over 7 days.