Flows – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 01 Sep 2025 03:28:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Flows – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Geopolitical Chaos Sends Iranian Crypto Flows Plummeting by Over 76% https://earlybirdsinvest.com/geopolitical-chaos-sends-iranian-crypto-flows-plummeting-by-over-76/ https://earlybirdsinvest.com/geopolitical-chaos-sends-iranian-crypto-flows-plummeting-by-over-76/#respond Mon, 01 Sep 2025 03:28:20 +0000 https://earlybirdsinvest.com/geopolitical-chaos-sends-iranian-crypto-flows-plummeting-by-over-76/

Cryptocurrency trading in Iran has slowed dramatically in 2025. A mix of geopolitical tensions, cyberattacks, and stricter regulations has rattled the previously booming market.

According to blockchain analytics firm TRM Labs, total cryptocurrency inflows into Iran from January through July 2025 reached roughly $3.7 billion, an 11% decline from the same period in 2024.

The contraction was particularly pronounced after April, as June inflows plunged more than 50% year-over-year. This was followed by an even steeper drop of over 76% in July.

Hack, War, and Wallet Freezes

Several geopolitical and security events weighed heavily on Iranian crypto markets, such as stalled nuclear talks with Israel, the outbreak of an armed conflict in June, a $90 million breach at Nobitex, and Tether’s blacklisting of an important Iranian-linked stablecoin address.

According to the TRM report, these shocks together shifted trader behavior, prompting capital outflows to overseas exchanges and increased use of alternative blockchains and stablecoins.

Despite the turbulence, Nobitex maintained its central role in Iran’s crypto ecosystem and handled more than 87% of all Iranian-linked transaction volume in 2025. Of the over $3 billion processed through the platform, approximately $2 billion moved via the Tron network, with heavy use of TRC-20 USDT and TRX.

This concentration offered efficiency for users but also amplified systemic risk, as demonstrated when the Predatory Sparrow group exploited vulnerabilities in Nobitex’s infrastructure during the height of the Iran-Israel hostilities.

Dual Priorities

The $90 million hack froze liquidity, slowed transaction processing, and temporarily pushed users toward smaller or higher-risk platforms, revealing not only operational weaknesses but also the regime’s “dual priorities” of enabling warrantless surveillance while maintaining selective privacy for VIP users. TRM Labs traced on-chain activity to IRGC-linked actors and sanctioned entities such as Gaza Now, underscoring the political dimensions of the attack.

The geopolitical escalation in June accelerated capital flight from domestic exchanges, as seen with the surge in outflows from Nobitex by more than 150% in the week leading up to the conflict, often moving to global exchanges with limited Know Your Customer (KYC) measures or to high-risk, no-KYC platforms.

The exodus was exacerbated in July when Tether froze 42 Iranian-linked addresses, many of which were tied to Nobitex and an IRGC-affiliated actor. The freeze disrupted longstanding transactional flows, which led Iranian users to move to alternative stablecoins such as DAI on the Polygon network.

Domestic influencers, government-aligned channels, and exchanges actively encouraged this migration, demonstrating both the adaptability of participants and the regime’s use of digital assets to bypass sanctions.

Meanwhile, Iran’s domestic regulatory environment continued to shift, with the Law on Taxation of Speculation and Profiteering enacted in August 2025, which imposed capital gains tax on crypto trading. While phased implementation is expected, the measure points to Tehran’s intent to formally regulate digital asset markets by bringing cryptocurrencies alongside gold, real estate, and forex in the regime’s tax framework.

Beyond capital markets, crypto remains a critical tool for Iran in procurement and sanctions evasion. Chinese resellers, for instance, supply drone components, AI hardware, and electrical equipment through crypto transactions, and a sophisticated underground KYC bypass industry supports these operations by providing forged identification documents for onboarding to international exchanges.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

]]>
https://earlybirdsinvest.com/geopolitical-chaos-sends-iranian-crypto-flows-plummeting-by-over-76/feed/ 0 56150
Finastra and Circle Bring USDC Settlement to $5T Daily Cross-Border Payment Flows https://earlybirdsinvest.com/finastra-and-circle-bring-usdc-settlement-to-5t-daily-cross-border-payment-flows/ https://earlybirdsinvest.com/finastra-and-circle-bring-usdc-settlement-to-5t-daily-cross-border-payment-flows/#respond Wed, 27 Aug 2025 18:36:47 +0000 https://earlybirdsinvest.com/finastra-and-circle-bring-usdc-settlement-to-5t-daily-cross-border-payment-flows/

Journalist

Tanzeel Akhtar

Journalist

Tanzeel Akhtar

About Author

Tanzeel Akhtar is a seasoned journalist who has been reporting on cryptocurrency and blockchain technology since 2015. Her work has appeared in leading publications including The Wall Street Journal,…

Last updated: 

Finastra, a financial services software firm, has announced a collaboration with Circle Internet Group, Inc. (NYSE: CRCL), a stablecoin firm, to allow banks to integrate USDC settlement into cross-border payment flows.

In an announcement, the firm explains that this initiative will use Finastra’s payment hub solutions, including Global PAYplus (GPP), marking the first time Finastra will connect financial institutions to Circle’s payment infrastructure.

The companies said the partnership will also allow for faster international transfers by combining Finastra’s banking network’s scalability with USDC’s stability and transparency.

USDC Settlement Option

Through this collaboration, Finastra’s GPP customers—already processing over $5 trillion in cross-border transactions daily—will be able to settle transactions in USDC, even when underlying payment instructions remain denominated in fiat currencies.

This new option reduces reliance on traditional correspondent banking networks, allowing banks to accelerate settlement times without compromising compliance requirements or foreign exchange processes.

Empowering Banks With New Options

“This collaboration is about giving banks the tools they need to innovate in cross-border payments without having to build a standalone payment processing infrastructure,” said Chris Walters, CEO of Finastra.

He explained that by linking Finastra’s payment hub to Circle’s blockchain-based settlement infrastructure, banks can explore payment models while maintaining operational continuity.

Expanding USDC’s Global Role

“Finastra’s reach and expertise in powering the payments infrastructure for leading banks worldwide makes them a natural choice to further expand USDC settlement in cross-border flows,” said Jeremy Allaire, co-founder, chairman, and CEO of Circle.

With stablecoin adoption gaining momentum, the Finastra-Circle partnership represents a major move in reshaping international payments.

Circle Debuts Layer-1 Blockchain Arc Using USDC for Native Gas

Earlier this month, Circle unveiled Arc, an open Layer-1 blockchain designed specifically for stablecoin finance. This marks what the company calls a “defining moment” as it moves toward developing a full-stack internet financial platform.

The announcement came alongside Circle’s fiscal Q2 2025 results, which showed substantial growth in its core business. Circle reported that USDC in circulation surged 90% year-over-year to $61.3 billion, reaching $65.2 billion as of August 10, 2025. Total revenue and reserve income grew 53% to $658 million, while adjusted EBITDA climbed 52% to $126 million.

The company posted a net loss of $482 million, primarily due to $591 million in non-cash charges tied to its June IPO. That offering raised $1.2 billion, with 19.9 million newly issued shares sold at $31 each, generating $583 million in net proceeds.

CEO Jeremy Allaire described the IPO as a “pivotal moment” for Circle and for the broader adoption of stablecoins, noting accelerating interest from global financial institutions and internet companies.


]]>
https://earlybirdsinvest.com/finastra-and-circle-bring-usdc-settlement-to-5t-daily-cross-border-payment-flows/feed/ 0 55412
Iranian crypto flows fall 11% on Israel conflict, Nobitex hack: TRM Labs https://earlybirdsinvest.com/iranian-crypto-flows-fall-11-on-israel-conflict-nobitex-hack-trm-labs/ https://earlybirdsinvest.com/iranian-crypto-flows-fall-11-on-israel-conflict-nobitex-hack-trm-labs/#respond Wed, 27 Aug 2025 01:30:58 +0000 https://earlybirdsinvest.com/iranian-crypto-flows-fall-11-on-israel-conflict-nobitex-hack-trm-labs/

Flows into Iranian crypto trading platforms have fallen in 2025 due to a breakdown in nuclear negotiations with Israel, a $90 million hack on Iran’s largest crypto exchange, and a major stablecoin blacklisting, says blockchain analytics firm TRM Labs.

Iranian crypto flows hit $3.7 billion between January and July, an 11% decrease compared to the same period last year, with the worst drop off coming in June and July, TRM Labs said in a report on Tuesday.

“This downturn coincided with a breakdown in nuclear negotiations, a 12-day conflict with Israel beginning June 13, and widespread power outages in Iran — driven by a combination of Israeli kinetic and cyber operations, as well as regime-initiated shutdowns.”

Iran’s crypto flows started to sharply drop in June, just after the $90 million hack on Nobitex, which handles 87% of the country’s crypto transactions. 

Many Iranians rely on US dollar stablecoins as a store of value amid skyrocketing inflation and to skirt tough sanctions on the country, which has largely cut it off from the global economy.

Nobitex hack big contributor to Iran’s crypto shake-up

Confidence in Iran-based virtual asset service providers (VASPs) deteriorated following Nobitex’s security breach, which came at the hands of pro-Israel group Predatory Sparrow on June 18 — when tensions between Iran and Israel were at their peak.

While Nobitex continues to dominate Iran crypto transaction volume, the incident disrupted liquidity, slowed transaction processing and temporarily pushed users toward alternative platforms, TRM said.

Share of crypto transaction volume among Iranian VASPs between January and July. Source: TRM Labs

Heightened Iran-Israel tensions further amplified the outflows, which surged more than 150% in the worst week and a large percentage of that volume headed to high-risk foreign exchanges with little to no Know Your Customer checks, TRM said.

Tether’s blacklisting slowed flows

Stablecoin issuer Tether also carried out its largest-ever freeze of Iranian-linked funds, blacklisting 42 crypto addresses with Tether (USDT) balances on July 2.

The incident sparked a coordinated push from Iranian exchanges, influencers and state-backed channels for users to offload their TRON-based USDT balances — Iran’s most widely used network and token — and move funds into Dai (DAI) on Polygon.

Related: UAE reportedly holds $700M in mined Bitcoin: Arkham

Many everyday Iranians continue to turn to crypto as a hedge against inflation, TRM said, highlighting Iran’s strong reliance on stablecoins.

Iran continues to use crypto for political objectives

Iran is still relying on crypto to pay for sensitive goods from Chinese chip resellers, including hardware critical for artificial intelligence, drone components, and other electrical equipment — enabling it to effectively bypass sanctions, TRM noted.

It has also used crypto to fund espionage payments with foreign operatives, the crypto analytics firm added.

However, illicit crypto transactions in Iran still only account for less than 1% of total volume.

Magazine: Bitcoin is ‘funny internet money’ during a crisis: Tezos co-founder

]]> https://earlybirdsinvest.com/iranian-crypto-flows-fall-11-on-israel-conflict-nobitex-hack-trm-labs/feed/ 0 55297 Bitcoin consolidates as liquidity flows shift to Ethereum and broader altcoin markets https://earlybirdsinvest.com/bitcoin-consolidates-as-liquidity-flows-shift-to-ethereum-and-broader-altcoin-markets/ https://earlybirdsinvest.com/bitcoin-consolidates-as-liquidity-flows-shift-to-ethereum-and-broader-altcoin-markets/#respond Tue, 26 Aug 2025 02:27:35 +0000 https://earlybirdsinvest.com/bitcoin-consolidates-as-liquidity-flows-shift-to-ethereum-and-broader-altcoin-markets/

Bitcoin (BTC) consolidates near current levels as capital inflows extend along the risk curve toward Ethereum and broader altcoins, according to Bitfinex Alpha’s Aug. 25 report.

The report noted that the shift represents a measured rotation of institutional liquidity following Bitcoin’s all-time high formation.

Bitcoin declined 4.5% from the weekly open on Aug. 18 until Aug. 22, sliding to local range lows as investors de-risked ahead of the Federal Reserve’s Jackson Hole symposium.

The asset reached $111,990 amid renewed weakness in US spot exchange-traded funds (ETFs) flows, with Bitcoin ETFs recording $1.18 billion in net outflows over the week. As of press time, BTC lost the $110,000 threshold and is priced at $109,795.71.

Federal Reserve Chairman Jerome Powell’s dovish remarks at Jackson Hole triggered a sharp rebound in risk assets, sparking a broad-based short squeeze across crypto.

Ethereum led the recovery, surging to a new all-time high of $4,958.70 on Aug. 24 and demonstrating its role as a liquidity driver for institutional markets.

Spot ETH ETFs registered $197 million in outflows on Aug. 18 alone, marking the third-largest daily exit on record. However, Ethereum treasury companies absorbed substantial selling pressure, with preliminary estimates suggesting meaningful institutional support.

Corporate treasuries, including SharpLink Gaming, Bitmine Immersion Technologies, and BTCS, accelerated accumulation, with on-chain treasury balances exceeding $10 billion. The report noted that the rotation reflects softer capital inflows into Bitcoin following its Aug. 14 all-time high of $123,640.

Bitcoin’s realized cap expanded at 6% per month during the current move, compared to 13% monthly growth during late-2024 breakouts above $100,000, indicating more cautious investor appetite.

Macro signals remain supportive

Global liquidity conditions remain supportive, with the combined M2 money supply from major central banks approaching $100 trillion. The structural upward trend in global liquidity reinforces the long-term bullish case for digital assets, though capital allocation has become more selective.

Solana climbed above $200 to reach $212.60 as the broader digital asset class pushed higher alongside equities, reflecting tightening correlations between crypto and traditional risk assets. Meanwhile, network development continues to advance, showcased by DBS Bank’s recent tokenized note issuance on Ethereum.

In this backdrop, Bitfinex expects Bitcoin to remain range-bound while Ethereum attracts heightened institutional demand, mirroring Bitcoin’s dynamic from early 2024.

The report anticipated more significant capital rotation into higher-risk altcoins later in the cycle, with broader market re-rating dependent on renewed Bitcoin ETF inflows and new altcoin investment vehicles.

Mentioned in this article
]]>
https://earlybirdsinvest.com/bitcoin-consolidates-as-liquidity-flows-shift-to-ethereum-and-broader-altcoin-markets/feed/ 0 55134
REX Osprey Solana ETF posts zero net flows across majority of August sessions https://earlybirdsinvest.com/rex-osprey-solana-etf-posts-zero-net-flows-across-majority-of-august-sessions/ https://earlybirdsinvest.com/rex-osprey-solana-etf-posts-zero-net-flows-across-majority-of-august-sessions/#respond Mon, 11 Aug 2025 22:16:41 +0000 https://earlybirdsinvest.com/rex-osprey-solana-etf-posts-zero-net-flows-across-majority-of-august-sessions/

REX Osprey Solana (SOL) exchange-traded fund (ETF) recorded zero trading activity on four of six trading days through August 8, according to Farside Investors data

Trading under ticker SSK, the fund posted no flows on Aug. 1, Aug. 4, Aug. 5, and Aug. 7, with minimal $6.4 million in activity on Aug. 8 and $2.7 million outflows on Aug. 6.

REX Osprey’s fund is the first US-listed Solana ETF to integrate native staking mechanisms. The product operates outside standard SEC-registered spot ETF frameworks, delivering SOL exposure through indirect vehicles rather than direct crypto holdings.

Institutional hesitation

CoinShares flow data showed Solana products attracted $874 million in year-to-date inflows, staying behind Ethereum (ETH) and XRP among major cap altcoins despite its position as the fourth-largest cryptocurrency by market capitalization.

The trading pattern could reflect broader institutional hesitation toward Solana-focused investment products compared to Bitcoin (BTC) and Ethereum alternatives. 

Nansen senior research analyst Jake Kennis attributed the disparity to institutional portfolio allocation strategies. He explained in a note:

“ETH is seeing a lot of new activity as institutions were likely underweight ETH relative to BTC. Solana has been mostly in the backseat for this new wave of attention, but SOL ETFs would likely pick up if institutions are looking to also diversify away from BTC and ETH.”

Structural complexity creates adoption barriers

The REX Osprey fund’s design incorporates staking mechanisms and offshore ETF allocations that differentiate it from traditional spot cryptocurrency products. 

Stabolut founder and CEO Eneko Knörr identified these features as adoption obstacles rather than demand deficiencies. 

Knörr said:

“SSK’s quiet tape looks more like a brand and distribution issue than a pure demand problem. Its design isn’t a simple ‘spot SOL in a wrapper’—the fund stakes SOL and can allocate a portion into other SOL ETFs/ETPs, many offshore, which adds complexity that some buyers shy away from.”

The fund charges a 0.75% management fee, positioning it at the higher end of cryptocurrency ETF expense ratios. Traditional spot Bitcoin and Ethereum ETFs from major issuers typically carry fees between 0.15% and 0.25%.

Kennis, from Nansen, noted that the fee structure creates a cost-benefit analysis for institutional investors weighing direct cryptocurrency exposure against ETF convenience. 

He referenced Solana’s approximately 7% annual staking rewards:

“The staking component seems like a major feature given the ‘passive’ yield being left on the table.”

Market positioning and future outlook

The absence of major financial institutions like BlackRock and Fidelity in the Solana ETF space contributes to limited market penetration. 

REX Shares operates as a smaller ETF issuer without the distribution networks and brand recognition of Wall Street’s largest asset managers.

Knörr argued:

“Early trading will likely remain lumpy until bigger brands enter the space. Structure, complexity, and limited shelf space are holding it back—interest in Solana exposure itself doesn’t appear to be the issue.”

As of Aug. 11, the US Securities and Exchange Commission (SEC) is still considering the approval of Solana ETFs under the more tax-friendly 1933 Act.

Mentioned in this article
]]>
https://earlybirdsinvest.com/rex-osprey-solana-etf-posts-zero-net-flows-across-majority-of-august-sessions/feed/ 0 52717
Trump 401k order could drive up to $122 billion into Bitcoin, Ethereum through default flows https://earlybirdsinvest.com/trump-401k-order-could-drive-up-to-122-billion-into-bitcoin-ethereum-through-default-flows/ https://earlybirdsinvest.com/trump-401k-order-could-drive-up-to-122-billion-into-bitcoin-ethereum-through-default-flows/#respond Fri, 08 Aug 2025 12:53:16 +0000 https://earlybirdsinvest.com/trump-401k-order-could-drive-up-to-122-billion-into-bitcoin-ethereum-through-default-flows/

President Donald Trump signed an order on Aug. 7 allowing crypto in 401(k) plans, subject to agency rulemaking.

The directive tells the Labor Department, the SEC, and Treasury to revisit constraints on plan menus, opening the door for defined contribution plans to add sleeves tied to Bitcoin and ether through pooled vehicles.

The focus now is on the size of the default crypto allocations and the number of plans that implement them, since those factors will determine actual investment flows more than the policy announcement itself.

According to the Investment Company Institute, defined contribution (DC) assets stood at $12.2 trillion on March 31, with $8.7 trillion in 401(k)s. That base means even a 0.10% default inside qualified default investment alternatives, such as target date funds or collective investment trusts, would theoretically amount to $12.2 billion if adopted across the DC universe.

A quarter of plans deploying a 0.25% sleeve would equate to roughly $7.6 billion in structural bids sourced from payroll contributions and employer matches. The size of these modeled flows turns on two levers that plan sponsors control, the default percentage and the share of plans that implement it.

The policy context matters for fiduciaries. On May 28, the Labor Department rescinded its 2022 crypto compliance release that had warned fiduciaries to exercise “extreme care,” removing a key chill around menu design, per the agency’s release. The new order layers on top, instructing staff to craft avenues for access within ERISA rules.

As PLANADVISER reported, the work now shifts to guidance and product plumbing, including how DC plans can hold crypto via regulated wrappers and how recordkeepers map those positions in plan portals.

Distribution will run through defaults, where most dollars live. Target date funds dominate participant flows and house the qualified default for many plans. As MarketWatch reported last month, large managers have already begun adding private-market sleeves to new TDF designs.

That same structure can host a small crypto sleeve inside a diversified glide path, and the paycheck cadence turns that sleeve into a steady primary-market bid for the underlying ETFs that hold spot Bitcoin or Ethereum. The result goes beyond a single surge toward a programmatic flow that arrives on payroll cycles and rebalancing dates.

How much could 401(k)s bring to crypto?

The glide path math frames realistic ranges for 2026. Using ICI’s DC base, a 0.10% default across 10% of assets points to about $1.22 billion of crypto demand. A 0.50% default across 25% of assets points to about $15.3 billion, while a 1.00% default across half the market would reach about $61 billion.

Adoption → / Default ↓ 0.10% 0.25% 0.50% 1.00%
10% of DC assets $1.22B $3.05B $6.10B $12.20B
25% of DC assets $3.05B $7.63B $15.25B $30.50B
50% of DC assets $6.10B $15.25B $30.50B $61.00B
100% of DC assets $12.20B $30.50B $61.00B $122.00B

Modeled flows using $12.2T US defined-contribution base; values are theoretical and illustrative.

If sponsors weight sleeves toward Bitcoin at launch, Ethereum still absorbs a measurable share once ETH ETFs are included on platforms, though the split depends on investment policy statements and recordkeeper support. These figures are mechanical translations of defaults and adoption into dollars, not forecasts of market impact.

Risk controls and fees remain core to the debate. Per The Washington Post, proponents view more menu choice as portfolio diversification, while critics warn that valuation, liquidity and costs require careful design for a retirement context. Kiplinger’s overview adds that sponsors may route exposure through managed accounts or TDFs rather than stand-alone options, a choice that centralizes due diligence and participant communication.

For crypto markets, the mechanism matters. If plans fund sleeves through spot ETFs, new contributions translate to primary creations when shares exceed inventory, which feeds through to underlying coin demand via authorized participants.

That transmission channel ties adoption inside DC plans to the ETF primary market rather than secondary swings, which is why the default percentage embedded in TDFs and CITs will matter more than menu headlines.

The next milestones sit with agency guidance, product filings, and recordkeeper integrations, then plan committee updates to investment policy statements. The flows, if implemented, would arrive on a schedule, and the order moves the 401(k) discussion from permissions to allocation math.

Mentioned in this article
]]>
https://earlybirdsinvest.com/trump-401k-order-could-drive-up-to-122-billion-into-bitcoin-ethereum-through-default-flows/feed/ 0 52154
Teucrium’s 2x XRP ETF tops $300M in flows, dominates 52% of the market https://earlybirdsinvest.com/teucriums-2x-xrp-etf-tops-300m-in-flows-dominates-52-of-the-market/ https://earlybirdsinvest.com/teucriums-2x-xrp-etf-tops-300m-in-flows-dominates-52-of-the-market/#respond Wed, 30 Jul 2025 00:56:14 +0000 https://earlybirdsinvest.com/teucriums-2x-xrp-etf-tops-300m-in-flows-dominates-52-of-the-market/

Teucrium 2x Long Daily XRP ETF (XXRP) reached $323.6 million in net flows this week, being the first XRP exchange-traded fund (ETF) traded in the US to surpass the $300 million threshold.

According to VettaFi’s data, XXRP now represents 52.5% of the total $616 million in net flows registered by US-traded XRP ETFs. 

Notably, all exchange-traded products (ETPs) tied to XRP in the US are pegged to derivatives, with the SEC yet to greenlight spot products as of July 29.

Two-digit growth

According to CoinShares, XRP ETPs captured $189 million in inflows last week. XXRP’s $73.4 million in net flows then represented 39% of the global flows, and a 22.7% weekly growth in inflows.

On July 21, XXRP saw the most significant daily volume of any XRP ETF in the US to date, capturing $50.4 million. 

The Teucrium ETF is the oldest of the four XRP ETFs traded in the US, launched on April 8. On May 22, Volatility Shares launched its XRP products, the funds XRPI and XRPT. While XRPI offers no leverage, XRPT offers exposure to 2x leverage.

XRPI registered $124.6 million in inflows as of July 28, according to data from ETF.com. XRPT posted nearly $168 million in net flows in the same period.

Regarding last week’s performance, Volatility Shares’ funds registered similar growth. XRPI total inflows increased by 27% by $33.6 million. At the same time, XRPT added $43.6 million in inflows, growing 26%.

The youngest of the bunch is ProShares Ultra XRP ETF (UXRP), which became live on July 16. Since then, the 2x leverage ETF captured roughly $101,000 in inflows.

Outpaced by Solana products

Despite surpassing Solana (SOL) in total market cap to become the third-largest crypto, XRP ETPs still register a smaller inflow count than SOL-related products this year.

XRP-based products closed June with nearly $410 million in year-to-date flows, against SOL’s $292.5 million.

However, XRP products now amount to $721 million in the global total net flows, losing ground to Solana-tied ETPs and their $844 million in inflows.

Mentioned in this article
]]>
https://earlybirdsinvest.com/teucriums-2x-xrp-etf-tops-300m-in-flows-dominates-52-of-the-market/feed/ 0 50398
Ethereum ETFs soar past Bitcoin in new flows as institutional focus shifts https://earlybirdsinvest.com/ethereum-etfs-soar-past-bitcoin-in-new-flows-as-institutional-focus-shifts/ https://earlybirdsinvest.com/ethereum-etfs-soar-past-bitcoin-in-new-flows-as-institutional-focus-shifts/#respond Fri, 25 Jul 2025 12:00:37 +0000 https://earlybirdsinvest.com/ethereum-etfs-soar-past-bitcoin-in-new-flows-as-institutional-focus-shifts/

Ethereum exchange-traded funds (ETFs) are recording a remarkable surge in investor interest, consistently outperforming their Bitcoin counterparts throughout the past week.

SoSo Value data shows that spot ETH ETFs attracted $231.23 million in new capital on July 24, edging past the $226.61 million net inflows recorded by spot Bitcoin ETFs.

When the timeline is extended to the past six trading days, spot ETH ETFs have received nearly $2.4 billion in net inflows, almost triple the $827.6 million logged by Bitcoin ETFs in the same period.

This trend reflects a broader shift in institutional investor sentiment, with attention moving increasingly toward Ethereum-based products.

Speaking on the milestone, crypto analyst Bec said:

“This is the first time in ETF history that Ethereum has consistently outperformed Bitcoin in daily inflows across multiple trading sessions. It’s clear ETH is officially regarded as a institutional grade asset.”

Ethereum ETFs momentum

The inflow momentum has propelled Ethereum ETF holdings to new record heights.

In July 2025 alone, ETH ETFs have absorbed more than $4.4 billion in inflows, exceeding the total inflows from the entire previous 12-month period, which stood at $4.2 billion.

As a result, the total amount of ETH held by ETFs has jumped by nearly 50% in just two months, rising from 3.5 million ETH on May 1 to 5.6 million ETH as of July 24, according to data from the Strategic ETH Reserve. Their holdings now represent roughly 5% of ETH’s market capitalization.

BlackRock’s iShares Ethereum Trust (ETHA) has played a critical role in this run. Since July 1, ETHA has added over 1 million ETH to its portfolio, growing its holdings to 2.8 million ETH, valued at approximately $10.22 billion.

This rapid accumulation helped ETHA become the third-fastest ETF in history to hit $10 billion in assets under management.

BlackRock ETHA
BlackRock ETHA AuM (Source: X/Balchunas)

Bloomberg Senior ETF Analyst Eric Balchunas highlighted the speed of ETHA’s growth, noting it went from $5 billion to $10 billion in just 10 days, which is “the ETF equivalent of a God candle.”

Despite the funds’ strong performance, Bitwise CIO Matt Hougan believes Ethereum is still underrepresented in ETF portfolios.

According to Hougan, investors would need to allocate an additional $7–8 billion to bring ETH exposure in line with market weight, assuming Bitcoin ETF flows remain flat.

Mentioned in this article
]]>
https://earlybirdsinvest.com/ethereum-etfs-soar-past-bitcoin-in-new-flows-as-institutional-focus-shifts/feed/ 0 49581
Historic First: Ethereum ETFs Beat Bitcoin In Daily Flows https://earlybirdsinvest.com/historic-first-ethereum-etfs-beat-bitcoin-in-daily-flows/ https://earlybirdsinvest.com/historic-first-ethereum-etfs-beat-bitcoin-in-daily-flows/#respond Sat, 19 Jul 2025 03:59:57 +0000 https://earlybirdsinvest.com/historic-first-ethereum-etfs-beat-bitcoin-in-daily-flows/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

For the first time in the 18-month history of US spot-crypto exchange-traded funds, the day’s heaviest torrent of institutional cash swept into Ethereum, not Bitcoin. Flow tallies for Thursday put net subscriptions across the nine US spot Ether ETFs at $602 million, edging out the $522.6 million that landed in the 11-strong cohort of U spot Bitcoin ETFs. The figures, compiled by on-chain analytics site SoSoValue, mark a symbolic hand-off between the two flagship assets in a market where Bitcoin has dominated inflows since July 2024.

Thursday’s surge came less than twenty-four hours after Ethereum funds smashed their own single-day record with an eye-watering $726 million haul, a feat that pushed cumulative holdings to just under five million ETH and lifted the spot price of the underlying token above $3,400 for the first time since January.

Ethereum Beats Bitcoin

The spearhead was BlackRock’s iShares Ethereum Trust (ticker ETHA) yesterday, which absorbed roughly $550 million—its second consecutive personal best—leap-frogging the firm’s flagship Bitcoin product IBIT on the day’s league table. According to flow data collated by Arkham Intelligence and Farside Investors, ETHA has raked in $1.25 billion over the past five sessions and now holds close to $7 billion worth of ETH, almost one-fifth of all assets parked in US Ethereum ETFs.

Bloomberg Intelligence analyst James Seyffart, posting on X, put the milestone in context: “As a group the US spot Ether ETFs have taken in over $5.5 billion since launch, including more than $3.3 billion since mid-April.” He noted that part of the magnetism stems from the return of a double-digit cash-and-carry basis on CME Ether futures, though futures positioning alone does not explain the depth of demand. Seyffart’s chart of CME open interest shows not only a sharp climb in nominal ETH terms but also a dollar-value trajectory that is beginning to rival early-2025 Bitcoin futures activity.

Structural tailwinds extend beyond arbitrage. Nasdaq has just filed to add native staking to BlackRock’s ETHA—a move that, if approved, would let the fund earn network rewards and potentially lift its headline yield above 5 percent, making Ether ETFs a rare blend of growth asset and income instrument.

Bitcoin, meanwhile, remains the undisputed heavyweight by sheer scale. Spot BTC ETFs have amassed $53 billion in net inflows since their January 2024 debut and command more than $150 billion in assets: ETF Store president Nate Geraci reminded followers that Bitcoin demand has hardly cooled, tweeting that spot BTC products logged inflows in 26 of the past 27 sessions, adding “over $10 billion” in fresh capital that is “pure & simple… institutional $$$.”

Yet Thursday’s flip in the daily standings underscores palpable momentum for Ethereum. Analysts attribute part of the shift to Ethereum-specific catalysts: a six-month high in staking yields, anticipation of SEC approval for staking-enabled ETFs by year-end, and bipartisan momentum behind the GENIUS and CLARITY bills that would hard-wire commodity status for most large-cap crypto assets.

Whether Thursday proves an inflection point or a statistical blip will depend on the sustainability of that rotation. For now, a once-unthinkable headline—Ethereum ETFs beat Bitcoin ETFs—captures the market.

At press time, ETH traded at $3,612.

Ethereum price
ETH price, 1-week chart | Source: ETHUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

]]>
https://earlybirdsinvest.com/historic-first-ethereum-etfs-beat-bitcoin-in-daily-flows/feed/ 0 48454
VanEck Details Key Drivers Boosting Bitcoin Price, Including Corporate Treasury Demand, ETF Flows and More https://earlybirdsinvest.com/vaneck-details-key-drivers-boosting-bitcoin-price-including-corporate-treasury-demand-etf-flows-and-more/ https://earlybirdsinvest.com/vaneck-details-key-drivers-boosting-bitcoin-price-including-corporate-treasury-demand-etf-flows-and-more/#respond Wed, 16 Jul 2025 20:03:58 +0000 https://earlybirdsinvest.com/vaneck-details-key-drivers-boosting-bitcoin-price-including-corporate-treasury-demand-etf-flows-and-more/

An analyst from one of the largest asset managers in crypto is outlining the key drivers behind Bitcoin’s (BTC) historic bull run.

Matthew Sigel, the head of digital assets research at VanEck, says on the social media platform X that BTC is now up 30% year-to-date, outpacing gold (+27%), the MSCI ACWI (+11%) and the S&P 500 (+7%).

“This rally reflects deepening institutional engagement, favorable macro conditions, and emerging policy clarity.”

Sigel notes that corporate treasuries are driving net demand, having bought more than 300,000 BTC this year, more than double the amount absorbed by spot Bitcoin exchange-traded funds (ETFs).

“MicroStrategy and MetaPlanet remain the largest accumulators, but a surge in shells, reverse mergers, and SPACs (special purpose acquisition companies), often backed by global investment banks, has fueled fresh capital formation in the sector. This dynamic marks a shift. Bitcoin is moving from speculative trading desks to strategic balance sheets.”

The digital assets researcher also notes that Bitcoin volatility dropped to around 23% in early July, one of the lowest levels in a decade.

“Lower volatility is making Bitcoin easier to size within institutional portfolios, particularly for allocators focused on Sharpe ratios and downside risk.”

Sigel says spot Bitcoin ETFs have picked up and brought in $3.7 billion in net inflows so far this month, with year-to-date inflows hovering around $16 billion.

“Participation is growing across retail, RIAs (registered investment advisors) and wirehouse platforms such as Morgan Stanley and Merrill Lynch, reflecting broader institutional acceptance.”

The researcher also points to “policy tailwinds” in Washington, DC.

“Crypto Week began July 15th, with three key bills under review: the GENIUS Act (stablecoins), the CLARITY Act (market structure), and the Anti-CBDC Act. Polymarket odds place an 89% probability on passage of the GENIUS Act this year, signaling bipartisan appetite to legitimize fiat-backed stablecoins and potentially unlock a wave of new issuance and payment infrastructure.”

Sigel says the potential for two interest rate cuts from the U.S. Federal Reserve later this year could support flows into Bitcoin and gold.

He also notes miners continue to remain net holders following the April 2024 BTC halving, with their balances recently reaching a 12-month high.

“Only approximately 5.2% of Bitcoin supply has moved in the last 30 days, according to IntoTheBlock, indicating strong holder conviction and reduced available float.”

BTC is trading at $116,524 at time of writing and is down more than 3% in the past 24 hours.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

]]>
https://earlybirdsinvest.com/vaneck-details-key-drivers-boosting-bitcoin-price-including-corporate-treasury-demand-etf-flows-and-more/feed/ 0 48013