Crypto Funds Weekly Recap: $1.9B Inflows Signal Strong ETF Momentum

Van Thanh Le

•

Jun 21 2025

55 minutes ago4 minutes read

Robot skates across frozen global BTC volume pool [Bitcoin]

Crypto Funds See $1.9B Inflows for 9th Straight Week, Led by Bitcoin and Ethereum

In the week ending June 16, 2025, cryptocurrency investment products experienced inflows of $1.9 billion, marking nine consecutive weeks of positive flows and bringing the yearly total to $13.2 billion. Bitcoin led with $1.3 billion, followed by Ethereum at $583 million—the latter's strongest inflow since February. Notable inflows were also seen in XRP ($11.8 million), Sui ($3.5 million), and Solana ($1.3 million). The U.S. market drove the inflows, with BlackRock's iShares IBIT ETF accounting for nearly 70%. This trend indicates growing institutional interest despite global geopolitical tensions, highlighting a shift towards digital assets in finance.

Bloomberg Analysts Raise Crypto ETF Approval Odds to 90% Amid SEC Talks

Bloomberg analysts have raised the likelihood of U.S. SEC approval for numerous cryptocurrency ETFs to “90% or higher,” citing productive discussions between the SEC and asset managers. The SEC views cryptocurrencies like Litecoin, Solana, XRP, Dogecoin, and Cardano as commodities, reducing their regulatory oversight. Recent requests for detailed amendments from firms pursuing spot Solana ETFs indicate the SEC's active review process, with a response expected in 30 days. Meanwhile, BlackRock's iShares Bitcoin Trust has surpassed $70 billion in assets, showcasing strong investor interest, while Ethereum ETFs have seen slower performance since their launch. Final approvals may take several months.

Truth Social Files SEC Application for Combined Bitcoin and Ethereum ETF

Truth Social, under Trump Media & Technology Group, has filed a second application with the SEC for a combined Bitcoin and Ethereum ETF, sponsored by Yorkville America Digital. This proposed fund aims to allocate approximately 75% to Bitcoin and 25% to Ethereum, with the flexibility to adjust these proportions over time. The fund's custodian is Foris DAX Trust Co., which also managed Truth Social's previous Bitcoin ETF application. With this move, Truth Social becomes the third firm, following Bitwise and Hashdex, to seek approval for a spot Bitcoin and Ethereum ETF, joining others pursuing futures-based options.

Spot Bitcoin ETFs Surge to 25% of Global BTC Trading Volume, Up from 10% in 2024

Spot Bitcoin ETFs now represent 25% of total global BTC trading volume, a significant increase from 10% in October 2024. This growth indicates a rapid shift of market share from crypto-native exchanges to traditional financial infrastructure. The ratio peaked at nearly 30% two weeks ago, reflecting strong demand for regulated Bitcoin exposure. Bitcoin spot ETFs have proven to be highly successful, attracting billions in assets within their first year. Blackrock’s Ishares Bitcoin Trust ETF (IBIT) has amassed 683,017.53 BTC, valued at approximately $72.19 billion, accounting for 3.44% of circulating BTC. Inflows increased by 20,310.12 BTC recently. IBIT shares surged from $23.80 to $59.74, yielding a 151% return, reflecting the ETF's rapid growth and bitcoin's institutional adoption.

South Korea's FSC Advances Spot Bitcoin ETFs and Reviews Crypto Exchange Fees

South Korea's Financial Services Commission (FSC) is advancing the launch of spot Bitcoin ETFs, with plans to propose a detailed roadmap in the second half of 2025. This initiative aligns with President Lee Jae-myung's commitments and aims to assess risks while developing the necessary infrastructure for these financial products. Additionally, the FSC is focusing on a second phase of digital asset legislation, enhancing stablecoin regulations and reviewing transaction fees of major exchanges like Upbit and Bithumb. The overall goal is to foster innovation while ensuring investor protection and market transparency in the rapidly evolving crypto landscape.

CoinShares Joins Race for Spot Solana ETF, Becomes Eighth Issuer Seeking SEC Approval

CoinShares has filed an S-1 with the SEC to launch a spot Solana ETF, becoming the eighth issuer to seek approval, joining firms like VanEck and Fidelity. The ETF will utilize Coinbase Custody and BitGo Trust as custodians, with plans to stake part of its SOL holdings. Bloomberg's ETF Analyst Eric Balchunas anticipates approvals for Solana ETFs within two to four months, following the SEC's request for updates from issuers. Meanwhile, Justin Sun's Tron, Inc. aims to go public through a reverse merger with SRM Entertainment, backed by a $100 million equity investment to execute a TRX treasury strategy.

DTCC Lists VanEck Spot Solana ETF, Paving Way for SEC Approval

The VanEck spot Solana ETF, tickered VSOL, has been listed by the DTCC, marking a significant step toward SEC approval for trading in the U.S. This ETF will track Solana's price, offering investors regulated access to the cryptocurrency which is known for low fees and fast transactions. Following the SEC's approval of spot Bitcoin and Ethereum ETFs, institutional interest in Solana is rising, with several companies filing similar products. While DTCC listing signals readiness, SEC approval remains pending, amidst competing Solana ETFs and ongoing regulatory evaluations, potentially establishing Solana as a viable investment alongside Bitcoin and Ethereum.

Canada Launches Three Spot XRP ETFs; US Approval Expected by End of 2025

Canada launched three Spot XRP ETFs on June 18, 2025, becoming the first in North America, while the US still faces delays despite multiple applications under review. Experts predict a potential US approval by the end of 2025, with Bloomberg analyst James Seyffart estimating an 85% approval chance. The SEC is currently reviewing 11 filings, with projections of over $8 billion in inflows for the anticipated XRP ETF. Meanwhile, the XRP ecosystem experienced significant adoption, processing over 1.2 million payments in a day. The SEC's decision deadline for these ETFs is approaching in October 2025.

This article has been refined and enhanced by ChatGPT.