etf

According to The Kobeissi Letter, the 2x leveraged long MicroStrategy ETFs ($MSTX, $MSTU) have both fallen about 82% this year; another 2x leveraged product $MSTP has also dropped 81%.During the same period, MicroStrategy ($MSTR) itself has decreased by 46% this year, with a single-week drop of 27% last week. As a result, $MSTX, $MSTU, and $MSTP nearly halved last week.The report points out that the leveraged MicroStrategy ETFs launched in 2024 (both long and short) have seen declines of over 90% since their launch, despite billions of dollars flowing in previously, but the leverage effect is significantly amplifying the losses.Note: Leveraged ETFs typically use a daily reset mechanism, aiming to achieve an integer multiple of the underlying's daily price changes. In highly volatile markets, even if the underlying has an overall increase or decrease over a period, frequent price fluctuations can cause the compounding effect to lead to actual performance deviating from the expected multiple, continuously eroding the net asset value. This is known as "volatility decay" (also referred to as Beta Slippage).

According to SoSoValue data, last week's trading days (Eastern Time June 22 to June 26) saw a net inflow of $111 million into HYPE spot ETFs.The HYPE spot ETF with the highest net inflow last week was the Greyscale ETF HYPG, with a weekly net inflow of $114 million, bringing the historical total net inflow for HYPG to $123 million. The HYPE spot ETF with the highest net outflow last week was the 21Shares ETF THYP, with a weekly net outflow of $1.4604 million, and the historical total net inflow for THYP currently stands at $60.01 million.As of the time of writing, the total net asset value of HYPE spot ETFs is $324 million, with an ETF net asset ratio (market value compared to the total market value of HYPE) reaching 2.28%, and the historical cumulative net inflow has reached $294 million.

According to SoSoValue data, during the last trading week (Eastern Time from June 22 to June 26), the Ethereum spot ETF had a net outflow of $273 million.The Ethereum spot ETF with the highest net outflow last week was the Blackrock ETF ETHA, with a weekly net outflow of $236 million, and the historical total net inflow for ETHA has reached $11.08 billion. Following that was the Grayscale Ethereum Trust ETH, with a weekly net outflow of $22.23 million, and the historical total net inflow for ETH has reached $1.83 billion. The Ethereum spot ETF with the highest net inflow last week was the Bitwise ETF ETHW, with a weekly net inflow of $557,000, and the historical total net inflow for ETHW has reached $385 million.As of the time of writing, the total net asset value of Ethereum spot ETFs is $8.38 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) of 4.42%, and the historical cumulative net inflow has reached $10.90 billion.

According to SoSoValue data, last week's trading days (Eastern Time from June 22 to June 26) saw a net outflow of $1.79 billion from Bitcoin spot ETFs.The Bitcoin spot ETF with the highest net outflow last week was the Blackrock ETF IBIT, with a weekly net outflow of $1.303 billion, and the historical total net inflow for IBIT currently stands at $60.77 billion. Following that was the Fidelity ETF FBTC, with a weekly net outflow of $315 million, and the historical total net inflow for FBTC currently stands at $10.14 billion. The Bitcoin spot ETF with the highest net inflow last week was the Grayscale Bitcoin Trust BTC, with a weekly net inflow of $71.71 million, and the historical total net inflow for BTC currently stands at $2.38 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $72.82 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.08%, and the historical cumulative net inflow has reached $51.61 billion.

As of the week ending June 26, the net outflow of the U.S. spot Bitcoin ETF was $1.79 billion, setting the second-largest single-week net outflow record in history, with the number of consecutive weeks of net outflows extending to seven weeks.

The Kobeissi Letter analysis points out that since April, the cumulative net outflow from U.S. gold and Bitcoin-related ETFs has been about $12 billion, while during the same period, semiconductor ETFs recorded a net inflow of about $20 billion, with funds clearly concentrating in the technology growth sector.This trend accelerated further in mid-May: the outflow from gold and Bitcoin ETFs increased more than threefold, while the inflow into semiconductor ETFs doubled. In terms of market performance, the world's largest gold ETF GLD has fallen about 13% since early April, and the Bitcoin ETF IBIT has dropped about 12% during the same period; in contrast, semiconductor ETFs SOXX and SMH have risen approximately 81% and 60%, respectively.Analysis suggests that the current market shows a clear "risk preference switch," with retail funds accelerating their shift from safe-haven assets and crypto assets to high-growth semiconductor and AI-related sectors, driving the market in unprecedented ways.

GraniteShares announced the upcoming launch of the first leveraged ETFs in the United States based on SK Hynix, offering 2x long and 2x short exposure, providing investors with leveraged trading tools for a single AI storage leader.

According to SoSoValue data, yesterday (Eastern Time June 26), the HYPE spot ETF had a total net inflow of $1.8161 million in a single day.Yesterday, only the Bitwise Hyperliquid ETF (BHYP) had a net inflow, with a single day net inflow of $1.8161 million, bringing the historical total net inflow to $115 million.As of the time of writing, the total net asset value of the HYPE spot ETF is $324 million, with a net asset ratio of 2.28%, and the historical cumulative net inflow has reached $294 million.

According to SoSoValue data, yesterday (Eastern Time June 26), the total net outflow of Bitcoin spot ETFs was $445 million.The Bitcoin spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF IBIT, with a single-day net outflow of $445 million. Currently, IBIT's historical total net inflow has reached $60.766 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $72.818 billion, and the ETF net asset ratio (market value compared to the total market value of Bitcoin) is 6.08%. The historical cumulative net inflow has reached $51.606 billion.

According to SoSoValue data, yesterday (Eastern Time June 26), the total net outflow of Ethereum spot ETFs was $12.848 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF ETHA, with a single-day net outflow of $12.848 million. Currently, the historical total net inflow of ETHA has reached $11.08 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $8.379 billion, and the ETF net asset ratio (the market value relative to the total market value of Ethereum) is 4.42%. The historical cumulative net inflow has reached $10.903 billion.

According to SoSoValue data, yesterday (Eastern Time June 26), the total net inflow of XRP spot ETFs was $15.632 million.The XRP spot ETF with the highest net inflow yesterday was Bitwise XRP ETF (XRP), with a net inflow of $11.6648 million, bringing its historical total net inflow to $493 million.Following that was Franklin XRP ETF (XRPZ), with a net inflow of $3.9673 million, bringing its historical total net inflow to $410 million.As of the time of publication, the total net asset value of XRP spot ETFs was $934 million, with an XRP net asset ratio of 1.44%, and the historical cumulative net inflow has reached $1.470 billion.

According to publicly disclosed information, the Roundhill Memory ETF (DRAM) has included GigaDevice Semiconductor in its holdings, with a weight of 2.91%. Critini Research analyst Jukan pointed out that GigaDevice Semiconductor is the parent company or affiliated entity of Chinese DRAM manufacturer CXMT.The DRAM ETF focuses on memory chip companies, primarily holding giants like Samsung, Micron, and SK Hynix.CXMT was co-founded by GigaDevice Semiconductor founder Zhu Yiming, and there is technical, foundry, and investment cooperation between the two parties. This move highlights the initial exposure of the domestic DRAM industry in China within international ETFs.

According to on-chain analyst Yu Jin's monitoring, Grayscale HYPE Spot ETF (HYPG) deposited 1.77 million HYPE (114 million USD) into staking 5 hours ago.

According to the official announcement from Jupiter, the Solana chain now supports trading of the memory ETF DRAM (Roundhill Memory ETF), with holdings covering Samsung, SK Hynix, Micron, and SanDisk.

According to SoSoValue data, yesterday (Eastern Time June 25), the HYPE spot ETF had a total net inflow of $108 million in a single day.Among them, the Grayscale Hyperliquid Staking ETF (HYPG) had a net inflow of $113 million in a single day, with a historical total net inflow of $123 million.The Bitwise Hyperliquid ETF (BHYP) had a net outflow of $2.8204 million in a single day, with a historical total net inflow of $113 million.As of the time of publication, the total net asset value of the HYPE spot ETF is $314 million, with a net asset ratio of 2.24%, and the historical cumulative net inflow has reached $292 million.

According to Cointelegraph, Ondo stated that the minting and redemption functions for tokenized stocks and ETFs are now available 24/7 on Ethereum and BNB Chain, with Solana launching soon.

According to SoSoValue data, yesterday (Eastern Time June 25), the total net outflow of the SOL spot ETF was $3.9374 million.Yesterday, only the Bitwise Solana Staking ETF (BSOL) had a net outflow, with a single-day net outflow of $3.9374 million, and the historical total net inflow currently stands at $888 million.As of the time of writing, the total net asset value of the SOL spot ETF is $756 million, with a SOL net asset ratio of 1.96%, and the historical cumulative net inflow has reached $1.128 billion.

According to SoSoValue data, the total net outflow of Bitcoin spot ETFs is $696 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, with a single-day net inflow of $9.1679 million, and the historical total net inflow of MSBT has reached $327 million. The Bitcoin spot ETF with the highest single-day net outflow yesterday was the Fidelity ETF FBTC, with a single-day net outflow of $274 million, and the historical total net inflow of FBTC has reached $10.143 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $72.573 billion, and the ETF net asset ratio (the market value as a percentage of the total market value of Bitcoin) is 6.09%, with a historical cumulative net inflow of $52.05 billion.

According to SoSoValue data, yesterday (Eastern Time June 25) the total net outflow of Ethereum spot ETFs was $81.8651 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was Bitwise ETF ETHW, with a single-day net inflow of $557,000, and the historical total net inflow of ETHW has reached $385 million. The Ethereum spot ETF with the highest single-day net outflow yesterday was Blackrock ETF ETHA, with a single-day net outflow of $62.986 million, and the historical total net inflow of ETHA has reached $11.093 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $8.295 billion, and the ETF net asset ratio (the market value as a percentage of Ethereum's total market value) is 4.41%, with a historical cumulative net inflow of $10.916 billion.

According to SolanaFloor, one of Central Asia's largest stock exchanges, the Kazakhstan Stock Exchange (KASE) has listed Volatility Shares' Solana ETF (SOLZ). Earlier this year, KASE launched Kazakhstan's first licensed digital asset platform, which is built on the Solana network.