etf

According to the latest 13F filing, Wall Street quantitative trading giant Jane Street significantly reduced its holdings in multiple Bitcoin-related assets in the first quarter of 2026, while increasing its positions in Ethereum ETFs and some crypto stocks. Among them, Jane Street's holdings in BlackRock's IBIT shares decreased by about 71% to 5.9 million shares, valued at approximately $225 million; Fidelity's FBTC holdings were reduced by about 60% to about 2 million shares, valued at approximately $115 million. In addition, its Strategy holdings also fell from about 968,000 shares in the fourth quarter of 2025 to about 210,000 shares, with the value dropping from about $146 million to about $27 million, while it also reduced its holdings in Bitcoin mining stocks such as IREN, Cipher Mining, TeraWulf, and Core Scientific.On the other hand, Jane Street significantly increased its holdings in Ethereum ETFs, with BlackRock's ETHA and Fidelity's ETH funds adding approximately $82 million in new positions. At the same time, its holdings in Riot Platforms, Coinbase, and Galaxy Digital all increased, with Galaxy Digital's holdings rising sharply from about 17,000 shares to about 1.5 million shares.

Bloomberg's senior ETF analyst Eric Balchunas posted on the X platform that since March of this year, the Bitcoin spot ETF $IBIT has significantly outperformed the gold ETF $GLD, leading by 33 percentage points.In terms of capital, $IBIT saw a net inflow of $4.2 billion during this period, while $GLD experienced a net outflow of $9 billion, resulting in a total capital flow difference of up to $13 billion between the two.

Quantitative giant Jane Street disclosed in its latest 13F filing submitted to the SEC that it significantly reduced its exposure to Bitcoin ETFs in the first quarter of 2026, with its holdings in IBIT decreasing by approximately 71% to 5,872,212 shares, equivalent to about $225.6 million. The holdings in FBTC decreased by about 60% to 1,954,174 shares, equivalent to about $115 million.In addition, its holdings in MSTR also decreased by approximately 78% to 209,833 shares, equivalent to about $26.18 million.

According to Cointelegraph, the first U.S. Hyperliquid ETF under 21Shares attracted a net inflow of $1.2 million on its first day of trading.

According to The Block, the Hyperliquid ETF (THYP) under the crypto asset management company 21Shares was officially listed on Tuesday, with a trading volume of $1.8 million on its first day. Bloomberg ETF analyst James Seyffart commented that it was "very robust, far better than the typical ETF first-day performance."It is reported that THYP is the first ETF product that tracks the Hyperliquid (HYPE) spot, allowing investors to gain exposure to HYPE tokens without directly holding the tokens. 21Shares stated that it plans to stake its held HYPE assets in the future. Additionally, Bitwise and Grayscale are also applying for HYPE-related ETF products.

According to SoSoValue data, the total net outflow of Bitcoin spot ETFs is $233 million. The Bitcoin spot ETF with the highest net inflow yesterday was the Morgan Stanley ETF MSBT, with a net inflow of $6.0195 million for the day, and the historical total net inflow of MSBT has reached $226 million.The Bitcoin spot ETF with the highest net outflow yesterday was the Fidelity ETF FBTC, with a net outflow of $86.1294 million for the day, and the historical total net inflow of FBTC has reached $11.045 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $107.312 billion, and the ETF net asset ratio (the market value compared to the total market value of Bitcoin) is 6.64%, with a historical cumulative net inflow of $59.134 billion.

According to SoSoValue data, the total net outflow of Ethereum spot ETFs is $131 million. The Ethereum spot ETF with the highest net inflow in a single day is Blackrock Staked ETH ETF ETHB, with a single-day net inflow of $11.7469 million, and the historical total net inflow of ETHB has reached $517 million.The Ethereum spot ETF with the highest net outflow in a single day is Blackrock ETF ETHA, with a single-day net outflow of $102 million, and the historical total net inflow of ETHA has reached $11.897 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.393 billion, and the ETF net asset ratio (the market value as a percentage of the total market value of Ethereum) is 4.86%, with a historical cumulative net inflow of $11.939 billion.

According to Bits.media, Wells Fargo disclosed its holdings in cryptocurrency ETFs to the U.S. SEC. In the first quarter, the bank increased its position in Ethereum ETFs, with a 63.5% increase in shares of BlackRock's iShares Ethereum Trust ETF (ETHA), rising from 672,600 shares to 1,100,000 shares; and a 37% increase in shares of Bitwise Ethereum ETF (ETHW), rising from 186,800 shares to 257,000 shares. Despite a net outflow of approximately $769 million from Ethereum spot ETFs in the first quarter and a 29% drop in ETH prices, Wells Fargo still holds about $21.5 million in Ethereum ETFs, with BlackRock products accounting for $17.6 million.In terms of Bitcoin ETFs, the bank's investments in Bitwise Bitcoin ETF and Grayscale Bitcoin Mini Trust grew by approximately 24% and 41%, respectively. BlackRock's iShares Bitcoin Trust remains the main holding, at about $250 million. Wells Fargo also significantly adjusted its holdings in cryptocurrency-related stocks: it reduced its stake in Galaxy Digital by 97%, from 2.5 million shares to 78,600 shares; while increasing its stake in Strategy by 125%, from 322,700 shares to approximately 726,000 shares.

According to SoSoValue data, the total net inflow of the XRP spot ETF in a single day is $5.3098 million.The XRP spot ETF with the highest net inflow yesterday was the Bitwise XRP ETF (XRP), with a net inflow of $4.1867 million in a single day, bringing its historical total net inflow to $446 million. The second was the 21Shares XRP ETF (TOXR), with a net inflow of $1.1231 million in a single day, currently having a historical total net inflow of -$19.5772 million.As of the time of writing, the total net asset value of the XRP spot ETF is $1.161 billion, with an XRP net asset ratio of 1.3%, and the historical cumulative net inflow has reached $1.356 billion.

According to SoSoValue data, yesterday (Eastern Time May 12) the total net inflow for the SOL spot ETF was $19.069 million.The SOL spot ETF with the highest net inflow yesterday was the Bitwise Solana Staking ETF (BSOL), with a net inflow of $15.9772 million for the day, bringing its historical total net inflow to $899 million. The second was the Fidelity Solana Fund ETF (FSOL), with a net inflow of $3.0918 million for the day, bringing its historical total net inflow to $168 million.As of the time of writing, the total net asset value of the SOL spot ETF is $1.057 billion, with a net asset ratio of 1.93%, and the historical cumulative net inflow has reached $1.103 billion.

According to BBX data, this week (as of May 12), Bitcoin corporate reserves continue to expand, and institutional-level ETF product monthly performance data has been released. The core dynamics are as follows:Strategy, Inc. (NASDAQ: $MSTR) submitted Form 8-K to the SEC on May 11, disclosing that the company purchased an additional 535 BTC, totaling approximately $43 million, with an average price of about $80,340; as of May 11, the total holdings increased to 818,869 BTC, with a total acquisition cost of approximately $61.86 billion (average price $75,540), and a BTC yield of 9.4% since the beginning of 2026. Of the funds used for this round of purchases, $42.9 million came from MSTR ATM equity financing, and $1 million came from the STRC preferred stock program; this purchase of 535 BTC is significantly lower than last month's peak (an increase of 34,164 BTC in the week of April 13-19), but it still maintains the purchase after the company's Q1 financial report hinted at the possibility of selling BTC to pay dividends, thereby endorsing the "firm holding" position with actual actions.Morgan Stanley (NYSE: $MS) launched the Morgan Stanley Bitcoin Trust (NYSE Arca: $MSBT) on April 8. According to a report by CryptoSlate on May 10, $MSBT recorded zero net redemptions in its first full trading month after launch, with assets under management maintaining positive growth from the first day; meanwhile, the overall U.S. Bitcoin spot ETF has recorded net positive inflows for six consecutive weeks, with a cumulative net inflow of $2.44 billion in April, and daily average inflows continuing to be positive since May. $MSBT entered the market with a management fee rate of 0.14%, making it the lowest fee Bitcoin spot ETF currently available; the zero net redemption data for the first month marks the establishment of preliminary stable demand for this product among Morgan Stanley's wealth management client network, interpreted by institutional analysts as an early signal of large-scale access to the Bitcoin ETF ecosystem through traditional wealth management channels.

According to Lookonchain monitoring, the net outflow of Bitcoin ETFs in the United States is 7 BTC, the net outflow of Ethereum ETFs is 1183 ETH, and the net inflow of Solana ETFs is 259129 SOL.

According to Cointelegraph, Bitcoin Bond Company CEO Pierre Rochard stated that the current fourth bear market of Bitcoin has significantly decoupled from past cycles and is performing stronger. In the previous cycles, the maximum drawdown was about 85% from 2013-2015, nearly 77% from 2017-2018 and 2021-2022, while this round has dropped from a historical high of about $126,000 to around $60,000, with a maximum drawdown of only about 52%.Rochard believes that this resilience mainly comes from two new demands: the cumulative net inflow of Bitcoin spot ETFs exceeding $59 billion, and continuous purchases by corporate treasuries (such as Strategy holding over 818,000 BTC). These institutional demands did not exist during the bear markets of 2018 and 2022.Michaël van de Poppe, founder of MN Capital, also stated that the current market is no longer the same environment as in 2022, and the view that "Bitcoin will break out of the bear flag pattern and bottom in October 2026" may be the most crowded trading expectation.

Data shows that the five spot XRP ETFs listed in the U.S. recorded a total net inflow of $25.8 million on Monday, setting a record for the largest single-day fund inflow since January 5, 2026, with a cumulative net inflow now reaching $1.35 billion. Among them, Franklin Templeton's XRPZ saw an inflow of $13.6 million, Bitwise XRP ETF saw an inflow of $7.6 million, and Grayscale GXRP saw an inflow of $4.6 million.Reports indicate that this round of fund inflows is related to several recent developments by Ripple. Ripple recently announced the completion of a $200 million debt financing to expand its institutional brokerage platform, Ripple Prime. Additionally, last week, Ripple, in collaboration with JPMorgan Chase, Mastercard, and Ondo Finance, completed a tokenized settlement test for U.S. Treasury bonds on the XRP Ledger, with the redemption process taking less than 5 seconds. Meanwhile, Ripple also announced a "four-phase roadmap," planning to achieve a "quantum-resistant" upgrade for the XRP Ledger by 2028, including an emergency mechanism to recover funds through zero-knowledge proofs in extreme situations.Market analysis suggests that as the application of XRP increases in cross-border payments, institutional settlements, and tokenized assets, its ETF demand is gradually shifting from pure speculation to an infrastructure narrative. Despite the continuous inflow of ETF funds, the price of XRP has still fallen by about 39% over the past six months, with the current price around $1.47, significantly down from its historical high of about $3.65 in July 2025.

Wells Fargo's latest submitted 13F filing shows that it increased its holdings in several Ethereum spot ETFs in the first quarter of 2026, including BlackRock ETHA and Bitwise ETHW. Among them, the ETHA holdings increased from approximately 672,600 shares in the fourth quarter of 2025 to about 1.1 million shares, an increase of about 63.5%; the ETHW holdings rose from about 186,800 shares to approximately 257,000 shares, an increase of about 37%. As of the end of the first quarter, the total value of the ETH ETFs held by Wells Fargo was approximately $21.5 million.In contrast, its Bitcoin ETF holdings showed divergence: IBIT holdings slightly decreased, while BITB and Grayscale Bitcoin Mini Trust ETF holdings increased by approximately 24% and 41%, respectively. Currently, IBIT remains its largest crypto ETF holding, with a scale of about $250 million. Additionally, Wells Fargo significantly adjusted its positions in crypto-related stocks, reducing its holdings in Galaxy Digital by about 97%, while increasing its holdings in Strategy from approximately 322,700 shares to 726,000 shares, an increase of about 125%.

According to SoSoValue data, the total net outflow of Ethereum spot ETFs is $16.8868 million. The Ethereum spot ETF with the highest single-day net inflow is the Blackrock ETF ETHA, with a single-day net inflow of $2.1186 million, and the historical total net inflow of ETHA has reached $11.999 billion. The Ethereum spot ETF with the highest single-day net outflow is the Grayscale Ethereum Trust ETF ETHE, with a single-day net outflow of $7.587 million, and the historical total net outflow of ETHE has reached $5.272 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.85 billion, and the ETF net asset ratio (the market value as a percentage of Ethereum's total market value) is 4.91%, with a historical cumulative net inflow of $12.07 billion.

According to Farside Investors monitoring, the net inflow of Bitcoin spot ETFs in the U.S. is $27,200,000, with Morgan Stanley's MSBT accounting for $26,300,000. IBIT and FBTC saw outflows of $7,400,000 and $3,600,000, respectively. Ethereum ETFs had a net outflow of $17,000,000. ETHA had a net inflow of $2,100,000, while Grayscale's ETHE and ETH experienced outflows of $7,600,000 and $5,600,000, respectively.

Grayscale has submitted a Zcash spot ETF application, converting the existing Zcash trust into a spot product, becoming the first privacy coin ETF seeking to be listed in the United States. At the same time, Multicoin Capital disclosed that it has been continuously building a position in ZEC since February, with co-founder Tushar Jain linking the investment logic to the proposed wealth tax legislation in the U.S., believing that the government's expansion of monitoring private financial holdings will drive structural demand for assets that shield regulation on a mathematical level.However, this application has also raised institutional custody challenges: approximately 30% of Zcash's supply is located in shielded address pools, the highest in history, but ETF custody must almost exclusively use transparent address pools to meet audit and balance proof requirements. Previously, the SEC concluded its long-term review of Zcash in January 2026 without taking enforcement action, significantly reducing regulatory uncertainty.

According to SoSoValue data, yesterday (Eastern Time May 11) the total net inflow of the SOL spot ETF was $26.5728 million.The SOL spot ETF with the highest net inflow yesterday was the Bitwise Solana Staking ETF (BSOL), with a net inflow of $21.623 million for the day, bringing its historical total net inflow to $883 million.Next was the Fidelity Solana Fund ETF (FSOL), with a net inflow of $3.4827 million for the day, bringing its historical total net inflow to $165 million.As of the time of writing, the total net asset value of the SOL spot ETFs is $1.071 billion, with a SOL net asset ratio of 1.9%, and the historical cumulative net inflow has reached $1.084 billion.