Since obtaining approval from the SEC earlier this year, the Bitcoin spot ETF has attracted over $11.7 billion in funds, becoming a key signal for observing buying activity in the cryptocurrency market. This article, sourced from Bitbro, introduces the main platforms that provide information on the flow of funds for Bitcoin spot ETFs.
SoSo Value is a platform that offers comprehensive cryptocurrency market data, including detailed information on spot ETFs. This information includes the latest daily and cumulative fund flows, total trading volume, and total assets under management for all ETFs.
Additionally, SoSo Value provides data on ETF premiums/discounts, fund flows (daily and cumulative), assets under management, and trading volume (daily and cumulative). Users can also download historical data on total flows, cumulative total flows, total trading volume, and total assets under management for each day and view visual charts, making SoSo Value a frequently referenced website.
With the listing of the Hong Kong Bitcoin and Ethereum spot ETFs on April 30th this year, the website also discloses related data. However, SoSo Value emphasizes that due to the cash and physical purchase options for these ETFs in Hong Kong, the shares purchased through physical means do not generate cash inflows for the assets and should not be simply included in the daily net flow statistics.
Therefore, the focus of the data panel is not the fund flows of each ETF, but the daily inflows of Bitcoin or Ethereum from issuing institutions. It also provides information on the number of ETF shares issued by institutions, assets under management, as well as premiums/discounts, market prices, trading volumes, trading shares, and turnover rates of each ETF relative to the underlying assets.
For data on Hong Kong virtual asset ETFs, it can be directly accessed on the Hong Kong Stock Exchange website. Simply select “Virtual Assets” in the “Asset Class” section of the left column and click “Filter” to view all information on Hong Kong virtual asset ETFs.
Farside Investors focuses on providing “fund flow” data for Bitcoin spot ETFs. In addition to the latest daily data, it also covers fund flows for the past 12 days, as well as total fund flows, average fund flows, and daily maximum and minimum fund flows for each ETF, summarizing overall fund flow data for all ETFs. This data is particularly useful for readers who want to understand recent changes in fund flows for Bitcoin spot ETFs.
DeFi Llama, a familiar platform for readers involved in the DeFi ecosystem, now provides information on Bitcoin spot ETFs. In addition to providing data on trading volume, AUM, and fund flows similar to SoSo Value, it also includes visual representations. However, the data may be less comprehensive and real-time.
Furthermore, DeFi Llama provides basic information on each ETF, including price, management fees, and custodian institutions.
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