I noticed quite a few interesting movements this week in the crypto ETF universe. Capital flows into spot Bitcoin and Ethereum products in the United States continue to be quite robust, with $816 million flowing into Bitcoin ETFs and $187 million into Ethereum ETFs. It's mainly BlackRock's IBIT driving the movement on the Bitcoin side, with $612 million alone.



What struck me is that we also see movements elsewhere. In Hong Kong, for example, spot Bitcoin ETFs accumulated 4.68 BTC last week. And meanwhile, crypto ETF news keeps piling up with new products arriving regularly. Morgan Stanley launched its MSBT, and apparently it has become the bank's best ETF launch. Even alternative strategies like the Bitcoin After Dark ETF (NGHT) are making their appearance.

The thing that intrigues me the most is BlackRock's Ethereum staking ETF with this 18% fee on earnings. It seems high, but analysts say it covers custody, risks, and validator fees. In short, the crypto ETF market continues to evolve rapidly, with capital inflows suggesting that institutional investors are not sleeping.
BTC-0.32%
ETH-0.53%
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