Crypto ETF Weekly Report | Last week, US spot bitcoin ETFs saw a net outflow of $1.208 billion; US spot ethereum ETFs saw a net outflow of $507 million

Compiled by: Jerry, ChainCatcher

 

Performance of Crypto Spot ETFs Last Week

US Bitcoin Spot ETFs See Net Outflow of $1.208 Billion

Last week, US Bitcoin spot ETFs experienced four consecutive days of net outflows, totaling $1.208 billion dollars.

Last week, six ETFs were in a net outflow state, with the main outflows coming from IBIT, FBTC, and ARKB, with outflows of $581 million, $438 million, and $129 million, respectively.

Data source: Farside Investors

US Ethereum Spot ETFs See Net Outflow of $507 Million

Last week, US Ethereum spot ETFs experienced four consecutive days of net outflows, totaling $507 million dollars.

The main outflow last week came from BlackRock's ETHA, with a net outflow of $2.97 trillion. All six Ethereum spot ETFs were in a net outflow state.

Data source: Farside Investors

Overview of Crypto ETF Developments Last Week

21Shares Submits 8(A) Form to US SEC for Proposed XRP Spot ETF

Bloomberg ETF analyst Eric Balchunas posted on social media that 21Shares has submitted a new 8(a) form to the US SEC, proposing to launch its XRP spot ETF. The application is subject to a 20-day review period.

JPMorgan Significantly Increases Bitcoin ETF Holdings, Bullish on BTC Reaching $170,000

According to The Block, JPMorgan significantly increased its Bitcoin ETF holdings in the third quarter, with BlackRock's iShares BTC Trust (IBIT) holdings rising by 64% to 5.28 million shares, valued at approximately $333 million. Meanwhile, the bank almost completely liquidated its Ethereum ETF holdings, retaining only 66 shares worth about $1,700.

JPMorgan analysts predict that the price of Bitcoin could reach $170,000 in the next 6-12 months.

Franklin Templeton XRP ETF Listed on DTCC Website, Ticker: XRPZ

According to Cryptopolitan, Franklin Templeton's XRP exchange-traded fund (ETF) has appeared on the website of the US Depository Trust & Clearing Corporation (DTCC), with the trading code XRPZ. This listing is only a preparatory step and does not indicate approval or the start of trading.

It is reported that Franklin Templeton submitted a revised S-1 registration statement on Tuesday, including a shortened "8(a)" clause. This legal "loophole" allows the registration to automatically take effect after 20 days without direct signature from the US Securities and Exchange Commission (SEC), unless the agency intervenes.

Grayscale Announces Waiver of Solana ETF Management Fees Until AUM Reaches $1 Billion

According to official sources, digital asset investment platform Grayscale Investments announced on X that it will waive sponsor fees for the Grayscale Solana Trust ETF (ticker: GSOL) and reduce related fees during the staking period, for up to three months or until the fund's assets under management (AUM) reach $1 billion, whichever comes first.

The fund has now staked up to 100% of its SOL, offering a staking yield of 7.23%. The fee waiver policy applies to both new and existing GSOL investors.

Franklin Templeton Submits Updated XRP ETF S-1, Aiming for Launch This Month

Bloomberg analyst James Seyffart posted that Franklin Templeton has submitted an updated XRP ETF S-1, shortening the 8(a) clause, with the goal of launching within this month.

BlackRock to Launch Its Bitcoin ETF in Australia in Mid-November

BlackRock has confirmed it will launch the iShares Bitcoin ETF (ASX:IBIT), providing Australian investors with a more convenient way to access cryptocurrencies in the local market. BlackRock stated that the ETF is expected to be listed on the Australian Securities Exchange in mid-November 2025. BlackRock said IBIT will charge a 0.39% management fee and, by bundling the US-listed iShares Bitcoin Trust (Nasdaq: IBIT), will provide investors with a low-cost, regulated channel to access Bitcoin without the technical and operational complexities of direct ownership.

Previously, the Australian Securities and Investments Commission (ASIC) updated its guidance last week, reclassifying most digital assets—including stablecoins, wrapped tokens, security tokens, and digital asset wallets—as financial products. Although Bitcoin itself does not constitute a financial product, under the updated guidance of Information Sheet 225, services and products containing this cryptocurrency may be considered financial products.

Grayscale Lists Shiba as One of the Assets Eligible for Spot ETF Listing

Grayscale Investments has listed Shiba Inu as one of the cryptocurrencies eligible for listing on US spot exchange-traded funds (ETFs). Grayscale mentioned this in a recent blog post titled "Market Byte: Here Come the Altcoins." After the launch of Bitcoin and Ethereum ETFs, Grayscale acknowledged that the process for launching similar ETF products for altcoins like Shiba Inu has now been simplified.

The report shows that the launch of the first Bitcoin spot exchange-traded product (ETP) took more than ten years—from the initial proposal in 2013 to final approval in January 2024. However, the "Generic Listing Standards" (GLS) framework approved by the US Securities and Exchange Commission (SEC) has now accelerated the launch of crypto exchange-traded products (ETPs).

Bitwise and Grayscale Disclose XRP and Dogecoin Spot ETF Fees, May Go Live Without SEC Approval

According to The Block, Bitwise plans to charge a 0.34% fee for the Bitwise XRP ETF, while Grayscale will charge 0.35% for its XRP and Dogecoin ETFs. Both companies have previously launched SOL spot ETFs, with Bitwise attracting about $56 million on the first day.

In the context of a US government shutdown and limited SEC manpower, institutions can submit S-1 filings without a "delaying amendment" and meet listing standards, allowing products to automatically take effect after 20 days, meaning some crypto ETFs may be listed without prior SEC approval. NovaDius says the first XRP spot ETF may be seen within two weeks.