On December 12, Bitcoin spot ETFs recorded total net inflows of $49.16 million, with BlackRock’s IBIT as the only product seeing net inflows, while Ethereum spot ETFs posted net outflows of $19.41 million, with only BlackRock’s ETHA remaining in net inflow; XRP spot ETFs, meanwhile, recorded total net inflows of $20.17 million. https://t.co/QHxqsa3V6q ...

blackrock filed ethb as a separate staked eth etf instead of adding staking to their $2.4b etha fund. pension funds restricted to commodities buy etha. endowments chasing yield buy ethb. same eth, two products, double the allocator pools. coinbase runs the validators for both and takes a cut of $34.2m in staked eth growing daily. product segmentation is the real tokenomics ...

Ethereum (ETH) is quietly back in a full-spectrum rally. Price has climbed roughly 6.2% over the past week to about $3,176, leaving it around 35% below its August all-time high near $4,946. The move is being driven on several fronts at once. ETFs turn green as BlackRock leads the bid Ethereum exchange-traded funds saw about $140.2 million in combined inflows on Dec. 3, with a rebound “across issuers” after several mixed sessions, according to data from Farside Investors. BlackRock’s ETHA product pulled ...

blackrock pulled $2.347b from ibit and $1.038b from etha in november. largest bitcoin etf holder reducing exposure after 2x gains means the accumulation phase ended. $3.4b leaving in 30 days creates structural overhang that bounces can't overcome until q1 2026 flows turn positive. ...

Are BlackRock ETF Buyers in Profit?BlackRock IBIT and ETHA holders went from being up almost a combined $40 billion at their PnL peak on 7th October, down to $630 million 4 days ago.This means the average of all BlackRock ETF buys is at just about break-even. You can track this for yourself on Arkham’s P&L widget on the BlackRock entity page. ...

On November 24, Bitcoin spot ETFs registered a total net outflow of $151 million, with Fidelity’s FBTC being the only fund to post net inflows. In contrast, Ethereum spot ETFs saw total net inflows of $96.67 million, led by BlackRock’s ETHA with $92.61 million, while Solana spot ETFs recorded net inflows of $57.99 million. https://t.co/QHxqsa3V6q ...

Core Insights - HelloTrade, a blockchain-powered trading platform founded by former BlackRock crypto directors, has successfully closed a $4.6 million seed round led by Dragonfly Capital, indicating strong market potential and the founders' proven track record [1] - The platform aims to democratize access to global capital markets by allowing users to gain leveraged exposure to stocks, ETFs, commodities, and crypto without the usual barriers [4][5] Company Overview - HelloTrade is built on MegaETH, enabling users to trade with the speed of traditional brokerage platforms while processing over 100,000 transactions per second [4] - The founders, Kevin Tang and Wyatt Raich, have extensive backgrounds in finance and technology, having previously worked at BlackRock's digital assets division [8] Market Opportunity - The platform addresses long-standing barriers in capital markets, such as geography, high capital requirements, and complex systems, which have limited access for both retail and professional investors [3] - HelloTrade's approach is inspired by the transformation of access to digital assets through crypto derivatives, aiming to apply similar principles to traditional equities [5] Advisory Support - The company is backed by a strong advisory team, including notable figures from various sectors, enhancing its credibility and potential for success [6]

Core Insights - Bitwise's spot Solana ETF, BSOL, has gained significant traction, surpassing both Bitcoin and Ethereum ETFs in daily net inflow on November 4 [1] - Solana ETFs experienced a total inflow of $14.9 million, with BSOL contributing $13.2 million, while Grayscale's GSOL added $1.7 million [2] - In contrast, Bitcoin and Ethereum ETFs faced substantial outflows of $566.4 million and $219.4 million, respectively, on the same day [3] ETF Performance - The total net flow for Solana ETFs stands at $284 million, which is significantly lower than Bitcoin's $60.4 billion and Ethereum's $14 billion [3] - BlackRock's Bitcoin and Ethereum ETFs, IBIT and ETHA, recorded the highest outflows of $356.6 million and $111.1 million, respectively [3] Solana Price Movements - As of November 5, Solana (SOL) is trading at $162 per token, recovering from recent dips below the $155 support level [4] - On November 3, Solana experienced a daily loss of 11.5%, and on November 4, it registered a low of 12% losses, closing above the $155 support [5] - Following the local bottom, SOL has shown signs of recovery, indicating potential demand from institutional and retail investors [6]

Core Insights - Major crypto ETFs experienced significant outflows, with a total of $672 million withdrawn on October 30, primarily driven by risk aversion among institutional investors [1][2][3] - BlackRock's private-credit arm is embroiled in a $500 million fraud scandal, raising concerns about risk management and due diligence within the firm [1][4] Group 1: ETF Outflows - Institutional clients withdrew $490 million from Bitcoin ETFs on October 30, with BlackRock's IBIT ETF leading the outflows at $290.9 million [2] - Ethereum ETFs also faced substantial losses, totaling $184 million, with BlackRock's ETHA accounting for $118 million of this amount [2][3] - The outflows are interpreted as profit-taking and portfolio trimming rather than panic selling, indicating a broader retreat from risk amid macroeconomic uncertainty [3] Group 2: Fraud Scandal - BlackRock's private-credit division, HPS Investment Partners, is linked to a telecom-financing fraud involving over $500 million, which included fake accounts receivable [4] - Court filings allege that borrowers used forged contracts and invoices from major companies like T-Mobile and Telstra as collateral for large loans, revealing systematic forgery and misrepresentation [5]

Core Insights - Spot Bitcoin and Ethereum ETFs experienced significant net outflows, with US investors withdrawing approximately $471 million and $81.44 million respectively, indicating growing concerns over macroeconomic conditions and investor sentiment in the US crypto market [1][2] Macro-economic Dynamics - US spot Bitcoin ETFs recorded net outflows of about $471 million, with no major Bitcoin-tracking funds showing inflows, while spot Ethereum ETFs saw aggregated net outflows of approximately $81.44 million [2] - The outflow for Bitcoin-based ETFs has placed the market in "fear" territory, as reflected by the Fear & Greed Index dropping to 34 from 51 [2][3] - Investors are increasingly worried about rising interest rates, inflationary pressures, and regulatory uncertainty, leading to a recalibration of risk exposure and a shift away from higher-volatility assets like crypto ETFs [3][4] Investor Sentiment and Portfolio Re-allocation - Recent capital withdrawals are attributed to strategic re-balancing and caution, with investors locking in gains from previous crypto rallies and reallocating funds ahead of corporate earnings and economic data releases [5] - Some funds may be facing redemption requests due to liquidity risks or margin pressures in other parts of their portfolios [5] Selective Fund Performance - Among Ethereum ETFs, BlackRock's ETHA was the only fund to post net inflows, indicating selective investor preference for certain fund features such as lower fees and stronger brand reputation [6] - A notable $46.5 million inflow into a spot Solana ETF suggests a shift towards alternative crypto-assets beyond Bitcoin and Ethereum, despite the overall outflow trend [7] Implications for the US Crypto ETF Ecosystem - The large-scale outflows from Bitcoin and Ethereum ETFs raise concerns about the resilience of the US crypto ETF ecosystem, highlighting that investor confidence in this asset class remains fragile under adverse economic conditions [8]