Organizer: Jerry, ChainCatcher
Last Week’s Crypto Spot ETF Efficiency
U.S. Bitcoin Spot ETF Net Outflow of $1.208 Billion
Last week, the U.S. Bitcoin spot ETF skilled a net outflow over 4 days, totaling $1.208 billion.
Last week, six ETFs have been in a net outflow state, with the outflows primarily coming from IBIT, FBTC, and ARKB, which noticed outflows of $581 million, $438 million, and $129 million, respectively.

Knowledge Supply: Farside Buyers
U.S. Ethereum Spot ETF Net Outflow of $507 Million
Last week, the U.S. Ethereum spot ETF skilled a net outflow over 4 days, totaling $507 million.
The outflow final week primarily got here from BlackRock’s ETHA, with a net outflow of $2.97 billion. Six Ethereum spot ETFs have been in a net outflow state.

Knowledge Supply: Farside Buyers
Overview of Last Week’s Crypto ETF Dynamics
21Shares Submits 8(A) Form to U.S. SEC for Proposed XRP Spot ETF
Bloomberg ETF analyst Eric Balchunas posted on social media that 21Shares has submitted a brand new 8(a) kind to the U.S. SEC for its proposed XRP spot ETF. This utility will endure a 20-day evaluation interval.
JPMorgan Significantly Increases Bitcoin ETF Holdings, Bullish on BTC Rising to $170,000
In line with The Block, JPMorgan considerably elevated its Bitcoin ETF holdings in the third quarter, with BlackRock’s iShares BTC Belief (IBIT) shares rising by 64% to five.28 million shares, valued at roughly $333 million. In the meantime, the financial institution almost cleared its Ethereum ETF holdings, leaving solely 66 shares, valued at about $1,700.
JPMorgan analysts predict that Bitcoin costs may attain $170,000 inside the subsequent 6-12 months.
Franklin Templeton’s XRP ETF Listed on DTCC Website, Code: XRPZ
In line with Cryptopolitan, Franklin Templeton’s XRP exchange-traded fund (ETF) has appeared on the U.S. Depository Belief & Clearing Company (DTCC) web site, with the buying and selling code XRPZ. This itemizing is merely a preparatory step and doesn’t point out approval or graduation of buying and selling.
It’s reported that Franklin Templeton submitted a revised S-1 registration assertion on Tuesday, together with a shortened “8(a)” clause, which permits registration to mechanically take impact after 20 days with out direct approval from the SEC, until the company intervenes.
Grayscale Announces Waiver of Solana ETF Management Fees Until Fund AUM Reaches $1 Billion
In line with official information, digital asset funding platform Grayscale Investments introduced on the X platform that it’ll waive the sponsor charges for the Grayscale Solana Belief ETF (code: GSOL) and cut back associated charges throughout the staking interval for as much as three months or till the fund’s belongings below administration (AUM) attain $1 billion, whichever comes first.
The fund has now staked as much as 100% of SOL, providing a staking yield of 7.23%. The payment waiver coverage applies to each new traders and current GSOL traders.
Franklin Templeton Submits XRP ETF S-1 Update, Aiming for Launch This Month
Bloomberg analyst James Seyffart posted that Franklin Templeton has submitted an XRP ETF S-1 replace, shortening the 8(a) clause, with the objective of launching this month.
BlackRock to Launch Bitcoin ETF in Australia Mid-November
BlackRock has confirmed it is going to launch the iShares Bitcoin ETF (ASX:IBIT), offering Australian traders with simpler entry to cryptocurrencies in the native market. BlackRock said that the ETF is anticipated to be listed on the Australian Securities Trade in mid-November 2025. BlackRock famous that IBIT will cost a administration payment of 0.39%, offering traders with a low-cost, regulated channel to entry Bitcoin with out the technical and operational complexities of straight holding the asset.
Beforehand, the Australian Securities and Investments Fee (ASIC) up to date its tips final week, reclassifying most digital belongings, together with stablecoins, wrapped tokens, safety tokens, and digital asset wallets, as monetary merchandise. Though Bitcoin itself doesn’t represent a monetary product, companies and merchandise containing the cryptocurrency might be thought of monetary merchandise below the up to date tips of Data Sheet No. 225.
Grayscale Lists Shiba as One of the Assets Meeting Spot ETF Listing Criteria
Grayscale Investments has listed Shiba Inu as one of the cryptocurrencies assembly the itemizing standards for U.S. spot exchange-traded funds (ETFs). Grayscale talked about this in a latest weblog submit titled “Market Byte: Right here Come the Altcoins.” Following the launch of Bitcoin and Ethereum ETFs, Grayscale acknowledged that the course of for launching comparable ETF merchandise for altcoins like Shiba Inu has been streamlined.
Reviews point out that the launch of the first Bitcoin spot exchange-traded product (ETP) took over a decade—from the preliminary proposal in 2013 to closing approval in January 2024. Nevertheless, the SEC’s approval of the Generic Itemizing Requirements (GLS) framework has accelerated the launch of cryptocurrency exchange-traded merchandise (ETPs).
Bitwise and Grayscale Disclose XRP and Dogecoin Spot ETF Fees, May Launch Without SEC Approval
In line with The Block, Bitwise plans to cost a payment of 0.34% for the Bitwise XRP ETF, whereas Grayscale will cost 0.35% for its XRP and Dogecoin ETFs. Each firms beforehand launched a SOL spot ETF, with Bitwise elevating roughly $56 million on its first day.
In opposition to the backdrop of a U.S. authorities shutdown and restricted SEC personnel, establishments can submit S-1 varieties with out “delaying amendments” and meet itemizing requirements, permitting merchandise to mechanically take impact after 20 days, that means some crypto ETFs might checklist with out prior SEC approval. NovaDius said that the first XRP spot ETF may very well be seen inside two weeks.
Views and Evaluation on Crypto ETFs
Bloomberg ETF Analyst: Bitwise Dogecoin Spot ETF to Launch Within 20 Days
Bloomberg ETF analyst Eric Balchunas posted on social media that Bitwise is conducting 8(a) operations for its Dogecoin spot ETF, which basically means they plan to go efficient inside 20 days until intervened.
Citi: Weakness in Cryptocurrency Due to Slowing ETF Inflows and Weakened Risk Appetite
In line with CoinDesk, Wall Avenue financial institution Citi said that whereas the inventory market has carried out strongly, the cryptocurrency market has weakened once more lately, with vital liquidations in October undermining investor confidence.
The sell-off has led leveraged merchants and new spot ETF traders to decrease their threat urge for food, with the latter withdrawing investments. Not too long ago, inflows into U.S. spot Bitcoin ETFs have considerably decreased, weakening a key issue supporting the market’s optimistic outlook.
Citi initially predicted that ETF inflows would proceed as monetary advisors elevated Bitcoin publicity, however the momentum has stalled, and market sentiment might stay subdued.
On-chain knowledge additionally provides to the cautious ambiance, with a decline in the quantity of massive Bitcoin holders and a rise in small retail wallets, together with decrease financing charges, indicating that long-term traders could also be promoting, and leverage demand can be weakening. Technically, Bitcoin has fallen beneath the 200-day shifting common, which can additional suppress demand. Citi additionally linked Bitcoin’s weak point to tightening financial institution liquidity. The report concluded that the circulate of funds into spot ETFs is a key sign for observing shifts in cryptocurrency market sentiment.
Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that even with value pullbacks, Bitcoin’s value has elevated by 300% since BlackRock submitted its Bitcoin ETF (IBIT) utility 30 months in the past, equal to an annualized return of almost 80%, so there is no such thing as a want for the market to fret.
ChainCatcher reminds readers to view blockchain rationally, improve threat consciousness, and be cautious of varied digital token issuances and speculations. All content material on this web site is solely market data or associated get together opinions, and doesn’t represent any kind of funding recommendation. If you happen to discover delicate data in the content material, please click on “Report”, and we’ll deal with it promptly.













