温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/zh/61042.html
点击访问原文链接

Altcoin ETFs debut on Wall Street: Only $700 million raised across four cryptocurrencies. | Bee Network

进入原网站 导航首页
Altcoin ETFs debut on Wall Street: Only $700 million raised across four cryptocurrencies. | Bee Network Login 熱門新聞 Meme Launchpad AI 代理商 DeSci 熱門鏈瀏覽器 新人必讀 衝百倍幣 蜜蜂遊戲 必備網站 必備APP 必關大神 DePIN 新人必備 教我避坑 基本工具 深度網站 交易所 NFT 工具 你好， 登出 Web3宇宙 遊戲 DApp 蜂巢 增長平台 生態 搜尋 英語 Coins儲值 登入 下載 Web3大學 遊戲 DApp 蜂巢 生態 家•分析•正文 Altcoin ETFs debut on Wall Street: Only $700 million raised across four cryptocurrencies.分析3 个月前更新懷亞特 17,925 2 Author: Nancy, PANews

With the U.S. SEC opening a fast track for 加密貨幣 ETFs and the regulatory environment becoming increasingly clear, more and more altcoins are attempting to use this opportunity to enter the Wall Street arena. Since last month, eight altcoin ETFs have been approved. However, given the overall downturn in the crypto market, these products generally face the problem of limited capital inflows after listing, making it difficult to significantly boost coin prices in the short term.

Four major altcoins have landed on Wall Street, but their ability to attract funds in the short term remains limited. Currently, four crypto projects—Solana, Ripple, Litecoin, and Hedera—have secured Wall Street access. However, judging from fund flows, their overall attractiveness remains limited, with some ETFs experiencing zero inflows for several days. These four types of ETFs have only received a cumulative net inflow of approximately $700 million. Furthermore, the prices of various cryptocurrencies have generally declined since the ETFs were launched, which is partly due to the overall correction in the crypto market.

索拉納 Currently, there are five US Solana spot ETFs on the market, issued by Bitwise, VanEck, Fidelity, Grayscale, and Canary. Related products from 21Shares and CoinShares are also in the works.

According to SoSoValue data, the cumulative net inflow of US Solana spot ETFs is approximately $420 million, with a total net asset value of $594 million. Bitwise’s BSOL contributed the majority of trading volume, with a cumulative inflow of $388 million over three consecutive weeks, but most of this came from the initial investment of nearly $230 million on the first day, after which inflows slowed significantly. Fidelity’s FSOL saw a net inflow of only $2.07 million on its first day of listing on November 18th, with a total net asset value of $5.38 million. Grayscale’s GSOL saw a cumulative net inflow of approximately $28.45 million, with a total net asset value of $99.97 million. Canary’s SOLC saw no net inflow on its first day of listing, with a total net asset value of $820,000. It is worth noting that all spot ETF issuers support staking functionality, which may provide some support for market demand.

According to CoinGecko data, since the launch of the first Solana spot ETF on October 28, the price of SOL has fallen by 31.34% to date.

瑞波幣 In the US XRP spot ETF market, the only listed product is XRPC launched by Canary, while related products such as CoinShares, WisdomTree, Bitwise, and 21Shares are in the preparation stage.

According to SoSoValue data, XRPC has seen a cumulative net inflow of over $270 million since its launch. The first day’s trading volume reached $59.22 million, but no net inflow was generated; the second day saw a net inflow of $243 million through cash or in-kind subscriptions, with a trading volume of $26.72 million.

According to CoinGecko data, since the first Ripple spot ETF was listed on November 13, the price of XRP has fallen by approximately 12.71%.

LTC In late October of this year, Canary Capital officially launched the first US ETF tracking Litecoin, LTCC. CoinShares and Grayscale’s related products are still in preparation and are expected to follow suit.

According to SoSoValue data, as of November 18, LTCC had accumulated a net inflow of approximately $7.26 million. Daily net inflows were generally only in the hundreds of thousands of dollars, with several days experiencing zero inflows.

According to CoinGecko data, since the first Litecoin spot ETF was listed on October 28, the price of LTC has fallen by about 7.4% to date.

HBAR The first US ETF tracking HBAR, HBR, was launched by Canary Capital at the end of last month. SoSoValue data shows that as of November 18th, HBR had accumulated net inflows of approximately $74.71 million. Nearly 60% of these inflows were concentrated in the first week, after which net inflows declined significantly, with some days even showing zero inflows for several consecutive days.

According to CoinGecko data, since the first Hedera spot ETF was listed on October 28, the price of HBAR has fallen by approximately 25.84% to date.

In addition to the projects mentioned above, spot ETFs for crypto assets such as DOGE, ADA, INJ, AVAX, BONK, and LINK are still in the works. Among them, Bloomberg analyst Eric Balchunas predicts that Grayscale’s Dogecoin ETF will launch on November 24.

The expansion cycle of crypto ETFs has begun, but their performance still faces multiple challenges. According to incomplete statistics from Bloomberg, there are currently 155 applications for ETPs (交換 Traded Products) in the crypto market, covering 35 digital assets, including Bitcoin, Ethereum, Solana, XRP, and LTC, showing a rapid expansion. With the end of the US government shutdown, the approval process for these ETFs is expected to accelerate.

As the US regulatory environment becomes clearer, it may drive a new wave of expansion in crypto ETF applications. The US SEC has approved a common listing standard for crypto ETFs and recently issued new 指導lines allowing crypto ETF issuers to expedite the approval process for their filings. Meanwhile, in its latest fiscal year review priorities document, the SEC significantly removed the previously standard section specifically on cryptocurrencies. This contrasts with the tenure of former Chairman Gary Gensler, when cryptocurrencies were explicitly listed as a key focus of review, with particular emphasis on spot Bitcoin and Ethereum ETFs.

Furthermore, the introduction of staking functionality is expected to stimulate demand from institutional investors, thereby attracting more issuers to join the ETF application queue. Research from Swiss crypto bank Sygnum shows that despite the recent sharp market correction, institutional investor confidence in crypto assets remains strong. Over 80% of institutions expressed interest in crypto ETFs other than Bitcoin and Ethereum, with 70% stating they would begin or increase their investments if the ETFs offered staking yields. Positive signals have also emerged from the policy front regarding ETF staking. Recently, US Treasury Secretary Scott Bessent issued a new statement indicating that the US will cooperate with the IRS to update guidance and provide regulatory support for cryptocurrency ETPs that include staking functionality. This move is seen as potentially accelerating the approval process for Ethereum staking ETPs and paving the way for multi-chain staking products on networks such as Solana, Avalanche, and Cosmos.

However, altcoin ETFs are not attractive enough to investors at this stage, mainly due to a combination of factors such as market size, liquidity, volatility, and market sentiment.

On the one hand, altcoins have limited market size and liquidity. CoinGecko data shows that as of November 18th, Bitcoin’s market share was close to 60%, while excluding ETH and stablecoins, other altcoins accounted for only 19.88%. This results in poor liquidity for the underlying assets of altcoin ETFs. Furthermore, compared to Bitcoin and Ethereum, altcoins are more susceptible to short-term narratives, exhibiting higher volatility and being considered high-risk beta assets. According to Glassnode data, since the beginning of this year, the relative profitability of altcoins has largely fallen into deep capitulation territory, with a significant divergence between Bitcoin and altcoins rarely seen in previous cycles. Therefore, altcoin ETFs, especially single-token ETFs, struggle to attract a large number of investors. In the future, investors may prefer a diversified, multi-tiered altcoin ETF strategy to reduce risk and increase potential returns.

On the other hand, altcoins face risks of market manipulation and lack of transparency. Many altcoins lack sufficient liquidity, making them susceptible to price manipulation. ETF net asset value estimation relies on the price of underlying assets; if altcoin prices are manipulated, it will directly affect the ETF’s value, potentially triggering legal risks or regulatory investigations. Furthermore, some altcoins may be classified as unregistered securities. Currently, the US SEC is pushing for a token taxonomy to differentiate whether cryptocurrencies are securities.

Furthermore, macroeconomic uncertainty has exacerbated investors’ risk aversion. With overall confidence low, investors are more inclined to allocate to traditional assets such as US stocks and gold. Meanwhile, altcoin ETFs lack the brand recognition and market acceptance of Bitcoin or Ethereum spot ETFs, especially lacking the endorsement of large institutions like BlackRock. The distribution networks, brand effects, and market trust provided by leading issuers are difficult to replicate, further weakening the appeal of altcoin ETFs in the current environment.

原文連結

本文源自網路： Altcoin ETFs debut on Wall Street: Only $700 million raised across four cryptocurrencies.Recommended Articles

Related: Dialogue with Strategy founder: BTC will be $2 million in 20 years Guest: Michael Saylor, Executive Director and Co-founder of Strategy Moderator: George Mekhail, Managing Director, Bitcoin for Corporates Podcast source: Bitcoin For Corporations Original title: Michael Saylor: The Bitcoin Treasury Endgame – An Exclusive At-Home Interview Air Date: September 30, 2025 Summary of key points An exclusive, in-depth interview with Michael Saylor, exploring how Bitcoin is at the heart of global credit markets and shaping the future economy. In the interview, Michael shared his vision for the future of Bitcoin: it will disrupt traditional capital models, redefine corporate balance sheets, and become the cornerstone of the 21st-century economy. From the rise of Bitcoin asset management companies to the development of Bitcoin-based credit instruments, this conversation comprehensively depicts the future of money, banking, and economic sovereignty. Summary of highlights The value of…

#分析#比特幣# 加密#以太坊#交換#導軌#市場#代幣© 版權聲明文章版权归作者所有，未经允许请勿转载。 上一篇 Popular Interactions Compilation | Moonbirds Badge Collection; Zaifer Adds Galxe Mission (November 19th) 下一篇 OKX Web3 Security Team: Protect your private keys like you would your eyes. 相關文章 The Undying Legend of Crypto: A Review of 15 Veteran Altcoins – Which Have the Potential for a Explosive Price Surge? 6086cf14eb90bc67ca4fc62b 16,557 BitMart Market Weekly Report (September 1-7)Recommended Articles 6086cf14eb90bc67ca4fc62b 20,217 Left Hand Exposes Millions in Black Money, Right Hand Launches 600k to Zero: Beaver’s Double Life 6086cf14eb90bc67ca4fc62b 5,150 Government Shutdown, White House Demolition: Trump’s $300 Million “Private Banquet Hall” and Its Crypto Backers 6086cf14eb90bc67ca4fc62b 15,769 24-Hour Hot Cryptocurrencies and News | The Federal Reserve cuts interest rates by 25 basis points as expected; 6086cf14eb90bc67ca4fc62b 17,508 Nasdaq Enters Tokenized Stocks: Wall Street’s On-Chain Revolution 6086cf14eb90bc67ca4fc62b 19,727 1 暫無評論 您必須先登入才能發表評論！ 立即登入 暫無評論... Bee.com 全球最大的 Web3 入口網站 合作夥伴 CoinCarp Binance CoinMarketCap CoinGecko 幣活 盔甲 下載Bee Network APP開啟您的Web3之旅 白皮書 角色 常問問題 © 2021-2026.版權所有。. 隱私政策 | 服務條款 下載蜜蜂網路APP 並開始 web3 之旅 全球最大的Web3入口網站 合作夥伴 CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors 白皮書 角色 常問問題 © 2021-2026.版權所有。. 隱私政策 | 服務條款 搜尋 搜尋站內鏈上社群媒體新聞 熱門推薦： 擼毛打金 數據分析 必關大神 教我避坑 繁體中文 English 简体中文 日本語 Tiếng Việt العربية 한국어 Bahasa Indonesia हिन्दी اردو Русский 繁體中文

智能索引记录