Compiled by: Jerry, ChainCatcher
Performance of Crypto Spot ETFs Last Week
U.S. Bitcoin Spot ETFs Net Inflows of $631 Million
Last week, U.S. Bitcoin spot ETFs saw net inflows on three days, with total net inflows reaching $631 million, and total net asset value reaching $106.61 billion.
Last week, 5 ETFs were in a net inflow state, with inflows mainly coming from BlackRock's IBIT, which saw net inflows of $596 million.
Data Source: Farside Investors
U.S. Ethereum Spot ETFs Net Inflows of $70.3 Million
Last week, U.S. Ethereum spot ETFs saw net inflows on four days, with total net inflows reaching $70.3 million, and total net asset value reaching $13.73 billion.
Last week, inflows mainly came from BlackRock's ETHA, with net inflows of $100 million. 3 Ethereum spot ETFs were in a net inflow state.
Data Source: Farside Investors
Hong Kong Bitcoin Spot ETFs Net Inflows of 15.57 Bitcoin
Last week, Hong Kong Bitcoin spot ETFs saw net inflows of 15.57 Bitcoin, with net asset value reaching $320 million. Among them, issuer Harvest Bitcoin's holdings decreased to 211.01 Bitcoin, while China Asset Management's increased to 2590 Bitcoin.
Hong Kong Ethereum spot ETFs had no capital inflows, with a net asset value of $68.49 million.
Data Source: SoSoValue
Performance of Crypto Spot ETF Options
As of May 8, the total nominal trading volume for U.S. Bitcoin spot ETF options was $976 million, with a total nominal trading volume put/call ratio of 2.90.
As of May 7, the total nominal open interest for U.S. Bitcoin spot ETF options reached $27.89 billion, with a total nominal open interest put/call ratio of 1.51.
Market trading activity for Bitcoin spot ETF options has increased in the short term, with overall sentiment leaning bullish.
Additionally, the implied volatility was 41.81%.
Data Source: SoSoValue
Last Week's Crypto ETF Developments
Report: Coinbase & Kraken Account for 22% of AI Crypto Industry Mentions in U.S., IBIT Dominates Bitcoin ETF-Related Answers
A market analysis report shows that Coinbase and Kraken collectively account for 22% of all AI mentions in crypto categories, with Coinbase at 13% and Kraken at 9%, maintaining a lead more than three times that of other U.S. trading platforms.
Gemini ranks third with 5.5%, followed by Robinhood Crypto at 5%, and BlackRock's spot Bitcoin ETF IBIT ranks fifth with 4.5%, dominating queries related to "Bitcoin ETF." The analysis points out that the influence of hardware wallets in AI answers is waning. While Ledger and Trezor still dominate "best crypto wallet" related questions, in questions about "best way to store crypto assets," AI is increasingly recommending regulated platform custody solutions.
The report suggests that the "self-custody narrative" that emerged after the FTX incident is no longer the dominant framework in AI citations. Furthermore, AI is rapidly shaping the U.S. retail crypto financial brand landscape. "When users ask ChatGPT where to buy Bitcoin, the platforms prioritized by AI in responses will have the opportunity to define the industry landscape for the next decade."
U.S. SEC Delays Review of First Batch of Prediction Market ETFs, Involving ETFs Linked to Real-World Events Like Election Results, Economic Recession
According to Reuters, the U.S. Securities and Exchange Commission (SEC) has delayed its review of the first batch of prediction market ETFs, postponing the launch of over 24 planned products. Informed sources revealed that the SEC is asking issuers to further explain product mechanisms and disclosure details, and this delay is expected to be temporary.
Issuers such as Roundhill Investments, Bitwise Asset Management, and GraniteShares submitted applications in February this year, proposing to launch ETF products linked to real-world events like election results, economic recession, tech layoffs, and oil prices.
Under SEC rules, ETF applications typically become effective automatically 75 days after filing unless the regulator intervenes. Currently, Roundhill has set May 5 as the effective date, with Bitwise and GraniteShares' products expected to launch around the same time. The market is closely watching whether the SEC will ultimately approve these products that would open up the "event contract" asset class.
Matt Hougan, Chief Investment Officer of Bitwise, stated: "This is a rapidly maturing space, and regulation is maturing alongside it," pointing out that innovative products like Bitcoin ETFs also underwent lengthy review processes before successfully launching.
