The Ethereum treasury company Bitmine Immersion, led by Fundstrat Capital’s CIO Tom Lee, has been accumulating the leading altcoin amid market consolidation. Bitmine purchased 29,462 ETH on Tuesday, Dec. 23, according to data from Lookonchain. On Dec. 22, the Ethereum treasury firm accumulated another 13,412 ETH. The 42,874 ETH purchase, worth roughly $128.7 million, in the past two days brings Bitmine’s total holding to over 4.06 million ETH tokens. Bitmine has been heavily buying ETH over the past mo ...

Core Insights - U.S.-listed ETFs experienced significant inflows of $44.2 billion last week, bringing the year-to-date total to a record $1.28 trillion [1] - The S&P 500 approached its October record, with equity ETFs leading the inflows at $30.1 billion, while fixed income funds attracted $10.6 billion [1] Inflows - The SPDR S&P 500 ETF Trust (SPY) was the top performer with $18.1 billion in net inflows, although it remains down $8 billion year-to-date [2] - The Invesco QQQ Trust (QQQ) also saw strong inflows of $4.2 billion, nearing its October high by 1.6% [2] - The iShares 0–3 Year Treasury Bond ETF (SGOV) gained $2.7 billion, and the iShares Russell 1000 Value ETF (IWD) attracted $1.3 billion [3] - International stocks gained interest, with the Vanguard Total International Stock ETF (VXUS) taking in $703 million [3] - Precious metals ETFs also received new investments, with SPDR Gold Shares (GLD) adding $700 million and iShares Silver Trust (SLV) pulling in $592 million [3] - The iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) saw inflows of $644 million, outperforming the iShares Core U.S. Aggregate Bond ETF (AGG) with a 13% gain compared to AGG's 6.8% [4] Outflows - The iShares Core S&P 500 ETF (IVV) experienced the largest outflow at $10.6 billion, followed by Direxion Daily Semiconductor Bull 3x Shares (SOXL) with $1.4 billion and iShares Russell 2000 ETF (IWM) with $1.1 billion [5] - The Vanguard S&P 500 ETF (VOO) also recorded a rare outflow of $1.1 billion, yet it remains the leading asset gatherer for the year with $123.4 billion in net inflows [5]

Core Insights - U.S.-listed ETFs attracted $147.7 billion in November, marking a significant total despite being lower than October's record of $176 billion. Year-to-date inflows reached $1.27 trillion, setting an annual record with one month remaining [1] - The current pace suggests that net creations for 2025 could exceed $1.4 trillion [1] Inflows by Category - U.S. equity ETFs led the inflows with $73.6 billion, followed by U.S. fixed income ETFs at $33.1 billion, international equity ETFs at $24.6 billion, and international fixed income ETFs at $10.7 billion. Currency ETFs experienced outflows of $3.8 billion, primarily due to cryptocurrency funds [2] Market Performance - The S&P 500 experienced volatility, dropping 5.1% from peak to trough before recovering nearly all losses by month-end, finishing close to its starting point. The 10-year Treasury yield fluctuated, ending the month near 4.08% [3] Cryptocurrency Performance - Bitcoin and ether saw significant declines, with Bitcoin briefly falling to $80,000, approximately one-third below its October all-time high of $125,000 [4] Top Fund Performers - The Vanguard S&P 500 ETF (VOO) led all ETFs with nearly $21 billion in inflows for November, achieving a year-to-date total of almost $125 billion, a new annual record for any ETF [5] - In fixed income, the iShares 0–3 Month Treasury Bond ETF (SGOV) and the iShares 7–10 Year Treasury Bond ETF (IEF) were the top asset gatherers, attracting $5.5 billion and $4.7 billion, respectively. The iShares Core MSCI Emerging Markets ETF (IEMG) led international equity ETFs with $4.6 billion in inflows [6] Top Outflows - The iShares MSCI USA Quality Factor ETF (QUAL), the iShares MBS ETF (MBB), and the iShares Bitcoin Trust (IBIT) experienced the largest outflows, with IBIT losing $2.4 billion and the iShares Ethereum Trust (ETHA) shedding $1.1 billion [7]

Core Insights - Solana ETFs experienced their first net outflows of $8.1 million, ending a 21-day accumulation streak [1] - The 21Shares Solana ETF, TSOL, was primarily responsible for the outflows, with over $34 million exiting in a single session [2] - Despite the setback, Solana ETFs ended the week with a net addition of nearly $103 million, bringing cumulative inflows to $613.22 million [4] Solana ETF Performance - TSOL has recorded total net outflows of $26 million since its launch, with current net assets at $86 million [2] - The Bitwise Solana Staking ETF, BSOL, led inflows with $13.33 million, raising its cumulative total to $527.79 million [3] - Grayscale Solana Trust added $10.42 million, while Fidelity's FSOL fund logged $2.51 million [3] Market Context - Solana ETF products now hold approximately 6.83 million SOL tokens valued at around $964 million, indicating sustained institutional demand [3] - November has generated $414.01 million in inflows for Solana ETFs, surpassing October's $199.21 million [4] - In contrast, newly launched XRP ETFs have not recorded any outflows, with a cumulative total of $643 million [5]

Group 1 - Solana is experiencing increased interest from institutional investors, contrasting with significant outflows from Bitcoin and Ethereum [1][3] - The US-based spot SOL exchange-traded funds (ETFs) have seen continuous inflows since their launch on October 31, totaling $421 million over 13 trading days [1] - Bitwise's BSOL ETF has been a major contributor to these inflows, growing from a seed investment of $222.9 million to $388.1 million [1] Group 2 - New Solana-related investment products have been launched by VanEck and Fidelity, with VanEck's VSOL debuting on November 17 and Fidelity's FSOL following on November 18 [2] - Solana's price increased by 2.4% to $139.5 in the last 24 hours, indicating positive market momentum [2] Group 3 - Bitcoin and Ethereum-based ETFs have faced significant outflows shortly after their launches, with a combined net outflow of $3.25 billion over the last five trading days [3] - The broader crypto market has seen a decline of approximately $700 billion in market cap over the past 30 days, currently valued at $3.1 trillion [4] - Continued selloffs in the crypto market, particularly with large amounts of Bitcoin entering centralized exchanges, could lead to outflows from Solana ETFs as well [4]

Core Insights - The article provides an overview of net flows across various ETF asset classes, highlighting significant trends in investor behavior and asset allocation [1]. Group 1: ETF Flows by Asset Class - Alternatives saw a net inflow of $26.06 million, representing 0.22% of total assets under management (AUM) of $11,894.21 million [1]. - Asset Allocation ETFs experienced a net inflow of $12.81 million, which is 0.04% of their AUM of $28,918 million [1]. - Commodities ETFs had a substantial net inflow of $1,221.48 million, accounting for 0.45% of their AUM of $269,155.32 million [1]. - Currency ETFs faced a net outflow of $616.93 million, which is -0.35% of their AUM of $177,500.89 million [1]. - International Equity ETFs recorded a net inflow of $1,003.37 million, representing 0.05% of their AUM of $2,069,522.91 million [1]. - International Fixed Income ETFs had a net inflow of $1,236.27 million, which is 0.37% of their AUM of $332,962 million [1]. - Inverse ETFs saw a net inflow of $96.43 million, accounting for 0.65% of their AUM of $14,823.37 million [1]. - Leveraged ETFs experienced a net inflow of $312.73 million, representing 0.21% of their AUM of $149,469.94 million [1]. - US Equity ETFs had a net outflow of $390.82 million, which is -0.01% of their AUM of $7,762,425.71 million [1]. - US Fixed Income ETFs recorded a net inflow of $2,367.30 million, accounting for 0.13% of their AUM of $1,807,210.25 million [1]. - Overall, total net flows across all ETFs amounted to $5,268.71 million, representing 0.04% of total AUM of $12,623,882.59 million [1].