21Shares Ondo Trust has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), proposing to launch an exchange-traded fund (ETF) backed by ONDO, the native token of the Ondo protocol. https://t.co/vSLSLF9RKA ...

The U.S. Securities and Exchange Commission (SEC) has issued Release No. 34-103531, granting accelerated approval of NYSE Arca’s proposed rule change to amend Rule 8.500-E, permitting the listing and trading of shares of the Bitwise 10 Crypto Index Fund as an exchange-traded fund (ETF). https://t.co/VFgvrLH8zf ...

Bitcoin and Ethereum ETF issuers file amendments for in-kind redemptions, signaling 'positive movement' with SEC https://t.co/XdNFnmHJus ...

Staking added to the iShares ETH ETF --> filing references "trusted" Staking Providers --> more investors start doing DD on the staking landscape? https://t.co/ld3Tvl6yzlToken Terminal 📊 (@tokenterminal):reading the updated filing that proposes staking to be added to the iShares Ethereum ETF@fundstrat flywheel coded: https://t.co/AbDwre7cmT ...

Financial Data and Key Metrics Changes - The company reported a record total assets under management (AUM) of slightly over $2,000 billion, which is $157 billion or 8% higher than the end of the first quarter and $286 billion or 17% higher than the end of the second quarter of 2024 [29] - Average long-term AUM increased by 1% over the last quarter and 12% over the second quarter of last year, reaching $1,340 billion [29] - Adjusted diluted earnings per share for the second quarter were $0.36, with net revenues of $1,100 million, which is $19 million higher than the same quarter last year [31][39] Business Line Data and Key Metrics Changes - The company generated $15.6 billion in net long-term asset inflows, representing a 4.7% annualized growth rate [11] - The global ETFs and index platform reported 10% annualized organic growth, with $12.6 billion of long-term net inflows in the quarter [12] - Fundamental fixed income garnered nearly $3 billion of net long-term inflows, while private markets experienced net outflows of $2 billion [30][24] Market Data and Key Metrics Changes - The Asia Pacific and EMEA regions accounted for 40% of overall long-term client AUM, generating $31 billion of net flows in the first half of 2025 [12] - The China joint venture and India capabilities delivered $5.6 billion of net long-term inflows, with a record high AUM of $105 billion in the China JV [23] - The company saw net outflows of $3.6 billion in fundamental equities, particularly from U.S. clients, while EMEA and Asia Pacific clients showed positive flows [24][25] Company Strategy and Development Direction - The company is focused on enhancing client outcomes, improving operating leverage, and strengthening its balance sheet [5] - A significant partnership with MassMutual and Barings aims to leverage private credit strengths and expand product offerings [6][8] - The company is pursuing a hybrid solution for its platforms, optimizing outcomes for clients and enhancing operational capabilities [42] Management's Comments on Operating Environment and Future Outlook - Management noted that the second quarter experienced pronounced market volatility, but strong momentum carried into July, leading to a global rebound for equities [11] - The company remains committed to driving profitable growth and enhancing capital returns to shareholders, with a focus on both organic and inorganic growth opportunities [61][99] - Management expressed optimism about the potential for private markets in defined contribution plans, contingent on regulatory changes [86] Other Important Information - The company repurchased $1 billion of preferred stock held by MassMutual, funded by bank term loans, which is expected to strengthen the balance sheet [31][45] - The net revenue yield for the second quarter was 23.2 basis points, indicating a smaller decline than in prior quarters, suggesting potential stabilization [35] Q&A Session Summary Question: Why is the company proposing changes to the QQQ structure now? - Management indicated that the proposal aims to modernize the structure to enhance outcomes for clients and shareholders, as the current unit trust structure has been in place since 1999 [53] Question: How will the changes impact marketing expenses and incremental margin? - The anticipated marketing budget for the trust is $60 million to $100 million, translating to 2 to 3 basis points of annual assets, with an expected addition of approximately four basis points to net revenue and operating income if approved [55] Question: How does the company balance deleveraging with growth? - Management emphasized that both growth and deleveraging are priorities, with a focus on improving operating cash flow to provide flexibility for both objectives [60] Question: What is the company's strategy for private markets? - The company is focused on partnerships and acquisitions to enhance its private markets capabilities, with a strong emphasis on organic growth as well [78] Question: What are the expectations for private markets in defined contribution plans? - Management believes there is potential for private markets in defined contribution plans, contingent on regulatory changes, and is prepared to meet market demand with existing capabilities [86]

Market Trends & Investment Opportunities - The ETF market developments are addressing historical critiques of Bitcoin, such as lack of income generation and high volatility [1] - These developments are expected to unlock additional capital for crypto investing [1] Bitcoin & Crypto - Advisers are discussing with clients how to own Bitcoin [1] - Institutions are exploring how to incorporate Bitcoin into their portfolios [1]

Market Overview - The Shanghai Composite Index rose 0.62% to close at 3581.86 points, the Shenzhen Component Index rose 0.84% to close at 11099.83 points, and the ChiNext Index rose 0.61% to close at 2310.86 points. The trading volume of A-shares in the two markets was 1929 billion yuan. The top-performing sectors were coal (6.18%), building materials (4.49%), and building decoration (3.38%), while the bottom-performing sectors were banking (-0.98%), computer (-0.73%), and communication (-0.43%) [2][6] Stock ETF - The top trading volume stock ETFs today were Huatai-PineBridge CSI 300 ETF, which rose 1.06% with a discount rate of 1.02%; ChinaAMC SSE STAR 50 ETF, which rose 0.75% with a discount rate of 0.83%; and ChinaAMC CSI A500 ETF, which rose 1.09% with a discount rate of 1.06% [3][7] Bond ETF - The top trading volume bond ETFs today were Haifutong CSI Short-term Financing Bond ETF, which fell 0.00% with a discount rate of -0.01%; ChinaAMC CSI AAA Sci-tech Innovation Corporate Bond ETF, which fell 0.05% with a discount rate of -0.01%; and Penghua SSE AAA Sci-tech Innovation Bond ETF, which fell 0.03% with a discount rate of -0.03% [4][9] Gold ETF - Today, AU9999 gold rose 0.39% and Shanghai gold rose 0.41%. The top trading volume gold ETFs were HuaAn Gold ETF, which rose 0.38% with a discount rate of 0.34%; E Fund Gold ETF, which rose 0.34% with a discount rate of 0.31%; and Bosera Gold ETF, which rose 0.40% with a discount rate of 0.35% [12] Commodity Futures ETF - Today, ChinaAMC Feed Soybean Meal Futures ETF rose 0.45% with a discount rate of 0.62%; Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 1.39% with a discount rate of 1.85%; and Dacheng Non-ferrous Metals Futures ETF rose 0.23% with a discount rate of 0.57% [13] Cross-border ETF - The previous trading day, the Dow Jones Industrial Average fell 0.04%, the Nasdaq Composite rose 0.38%, the S&P 500 rose 0.14%, and the German DAX rose 0.08%. Today, the Hang Seng Index rose 0.54% and the Hang Seng China Enterprises Index rose 0.39%. The top trading volume cross-border ETFs today were E Fund CSI Hong Kong Securities Investment Theme ETF, which fell 0.73% with a discount rate of -0.14%; GF CSI Hong Kong Innovative Drug ETF, which fell 0.15% with a discount rate of -0.01%; and ChinaAMC Hang Seng Tech ETF, which fell 0.13% with a discount rate of 0.19% [15] Money Market ETF - The top trading volume money market ETFs today were Silver Hua Day Profit ETF, Huabao Tianyi ETF, and Money Market ETF Jianxin Tianyi [17]

Bitcoin ETFs saw outflows yesterday, while Ethereum ETFs recorded massive inflows.This marks the largest divergence in flows between $BTC and $ETH ever.Is Ethereum about to take the lead in this bull run? https://t.co/x2O9ZvDwKT ...

Group 1 - The core viewpoint is that the market for science and technology innovation bonds (科创债) in China has surpassed 2.2 trillion yuan by 2025, with a continuous increase in the proportion of high-quality innovation enterprises [1][2] - The ETF (Exchange-Traded Fund) market is seen as a crucial tool for asset allocation and economic development, with significant growth potential as capital market reforms progress [2][3] - The focus of the market this year is on obtaining trading profits, with ETFs providing a natural trading advantage due to their high liquidity [3][4] Group 2 - Insurance capital is in the early stages of engaging with bond ETFs, particularly credit bond ETFs, and is expected to increase its allocation as product variety and liquidity improve [4][5] - The introduction of the science and technology innovation bond ETF is viewed as an important innovation in capital market products, promoting technological innovation and optimizing market structure [2][3] - The dual fund manager model adopted by Penghua Fund for its science and technology innovation bond ETF aims to enhance asset allocation and operational management, supporting product scale growth [5]

15% eth lending rates on aave while usdc sits at 4-7%this rate divergence isn't a glitch. it's what happens when etfs lock up supply but defi keeps growing.• eth getting scarcer by the day• lending market running hot• traditional yields can't competetrade the spread while it lasts ...