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Last week's performance of crypto spot ETFs
The US Bitcoin spot ETF had a net outflow of 87.7 million USD.
Last week, the US Bitcoin spot ETF had consecutive net outflows for two days, with a total net outflow of 87.7 million USD and a total asset value reaching 117.11 billion USD.
Last week, five ETFs were in a net outflow state, with outflows mainly coming from ARKB, IBIT, and GBTC, which saw outflows of 77.8 million USD, 49.1 million USD, and 29.7 million USD, respectively.
Data source: Farside Investors
The US Ethereum spot ETF had a net outflow of 65.4 million USD.
Last week, the US Ethereum spot ETF had a net outflow of 65.4 million USD over four days, with a total net asset value reaching 18.94 billion USD.
Last week's outflows were mainly from BlackRock's ETHA, with a net outflow of $55.8 million. Four Ethereum spot ETFs are in a net outflow state.
Data source: Farside Investors
Hong Kong's Bitcoin spot ETF recorded a net inflow of 72.56 bitcoins
Last week, Hong Kong's Bitcoin spot ETF recorded a net inflow of 72.56 bitcoins, with a net asset value of $350 million. Among them, the issuer's holdings of JiaShi Bitcoin decreased to 291.47 bitcoins, while Huaxia increased to 2,370 bitcoins.
Hong Kong's Ethereum spot ETF has no capital inflow, with a net asset value of $10.2 million.
Data source: SoSoValue
Cryptocurrency spot ETF options performance
As of December 5, the nominal total transaction volume of U.S. Bitcoin spot ETF options reached $1.75 billion, with a nominal total transaction long-short ratio of 1.07.
As of December 4, the nominal total open interest of U.S. Bitcoin spot ETF options reached $32.65 billion, with a nominal total open interest long-short ratio of 1.83.
Market activity in Bitcoin spot ETF options has decreased in the short term, with overall sentiment leaning bullish.
Additionally, the implied volatility is 48.89%.
Data source: SoSoValue
Overview of cryptocurrency ETF dynamics from last week
Grayscale submitted SUI ETF registration application documents
According to official documents, Grayscale submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) on December 5, 2025, applying to launch the Grayscale Sui Trust (SUI) ETF product.
Sui: The first 2x leveraged SUI ETF has been approved by the U.S. SEC and is listed on Nasdaq
According to official news, the U.S. Securities and Exchange Commission (SEC) has approved the first 2x leveraged SUI ETF (TXXS), issued by 21Shares, which has been listed on Nasdaq.
UAE Mashreq Capital includes Bitcoin ETF in its new multi-asset fund
According to Cryptopolitan, UAE asset management company Mashreq Capital, headquartered in the Dubai International Financial Centre (DIFC), announced the launch of a multi-asset investment mutual fund BITMAC, which covers various asset classes such as stocks, fixed income, gold, and Bitcoin through ETFs, with 90% invested in global stocks and global fixed income, 5% in gold, and 5% in Bitcoin.
The fund is aimed at retail investors, with a minimum investment amount of $100. It provides a pathway for retail investors to access institutional-level options, allowing them to allocate both traditional asset classes and digital assets within a single retail fund solution.
21Shares launched a 2x leveraged SUI ETF TXXS on Nasdaq
According to the Sui Foundation, 21Shares launched the first leveraged SUI ETF (TXXS) on Nasdaq after obtaining approval from the U.S. Securities and Exchange Commission (SEC). 21Shares will provide investors with a regulated listed tool aimed at providing double direct exposure to SUI performance without directly holding the underlying assets.
Franklin Templeton announced details of the Solana ETF, with an initial holding of 17,000 SOL, and staking rewards will be included in revenue
Franklin Templeton officially released details of its Solana spot ETF, with an initial SOL holding of 17,000 (custodied by Coinbase Custody), with a market value of approximately $2.4 million. Currently, the number of circulating shares of this ETF is 100,000, and the trading fee rate is 0.19%. Franklin Templeton stated that the fund will stake the SOL it holds to earn rewards and will include the relevant SOL staking rewards in revenue.
Gemini provides custody services for VanEck's Solana ETF
Cryptocurrency exchange Gemini will provide custody services for the VanEck Solana exchange-traded fund (VSOL). VSOL is the third SOL spot ETF in the U.S. and is one of the first spot ETFs to offer staking rewards. Gemini had previously provided custody services for VanEck's Bitcoin Trust (HODL) and VanEck's Ethereum ETF (ETHV).
The company stated that it has completed SOC 1 Type 2 and SOC 2 Type 2 reviews, certified by Deloitte, with assets fully backed 1:1 and isolated from other user assets.
U.S. SEC issued warning letters to nine ETF providers, requiring responses to risk issues regarding "proposed high leverage"
According to Reuters, the U.S. Securities and Exchange Commission (SEC) issued warning letters to nine ETF providers, including Direxion, ProShares, and GraniteShares, requiring them to adequately respond to risk issues related to proposed ETFs offering more than 2x leverage (including some cryptocurrency products). "We are writing to express our concerns about registered exchange-traded funds that aim to provide more than 2x leverage exposure to underlying indices or securities risks."
U.S. SEC strengthens regulation of highly leveraged ETFs, halting the launch of 3-5x leveraged products
According to Solid Intel, following recent market volatility, the U.S. Securities and Exchange Commission (SEC) has intensified its regulation of highly leveraged ETFs, sending warning letters to relevant issuers, and effectively halting the launch of new 3x to 5x leveraged products.
VanEck announced that the zero-fee policy for its Bitcoin ETF has been extended to July 31, 2026
VanEck announced on X platform that it will extend the zero-fee policy for its VanEck Bitcoin ETF (ticker: HODL) to July 31, 2026.
Grayscale Chainlink Trust ETF has been listed as a new spot ETP on NYSE Arca
Grayscale announced that the Grayscale Chainlink Trust ETF (ticker GLNK) has begun trading as a spot ETP on the NYSE Arca.
GLNK is an exchange-traded product that is not registered under the Investment Company Act of 1940 and therefore is not subject to the same regulation and protections as ETFs and mutual funds registered under the 40 Act.
Wall Street investment bank Cantor Fitzgerald disclosed that it holds $1.28 million worth of Solana ETF
According to market news, Wall Street investment bank Cantor Fitzgerald disclosed that it holds $1.28 million worth of Volatility Shares Solana ETF shares, marking the company's first report of holding a regulated Solana product.
This document submitted to the U.S. Securities and Exchange Commission (SEC) in mid-November listed 58,000 shares of Volatility Shares Solana ETF (Nasdaq code: SOLZ). When submitting the document, the value of the Volatility Shares Solana ETF holdings was $1,282,960.
Franklin's cryptocurrency index ETF adds 6 new tokens, including ADA
Franklin Templeton Digital Assets tweeted that the Franklin cryptocurrency index ETF has added ADA, LINK, DOGE, SOL, XLM, XRP tokens.
Previously, Franklin's cryptocurrency index ETF only held ETH and BTC at the same time.
Vanguard Group will allow cryptocurrency ETFs to trade on its platform
According to Bloomberg, Vanguard Group, the world's second-largest asset management company, announced that it will allow ETFs and mutual funds that primarily hold specific cryptocurrencies such as Bitcoin, Ethereum, XRP, and Solana to trade on its platform.
Goldman Sachs invested $2 billion to acquire Innovator, adding a Bitcoin-linked ETF to its product line
Goldman Sachs has agreed to acquire Innovator Capital Management for approximately $2 billion, incorporating this institution, which issues 'defined outcome' exchange-traded funds (ETFs), into its asset management portfolio, including a structured Bitcoin fund. This transaction is expected to be completed in the second quarter of 2026, which will add approximately $28 billion in regulated assets to Goldman’s asset management division.
Views and analysis on cryptocurrency ETFs
VanEck: Digital asset management exceeds $5.2 billion, Bitcoin ETF fee waiver will extend to the end of July next year
U.S. asset management company VanEck disclosed that its total assets under management have reached $171.7 billion, with over $5.2 billion in digital asset management covering its full range of digital asset solutions. Additionally, VanEck announced that it would extend the fee waiver period for its Bitcoin ETF from January 10, 2026, to July 31, 2026.
