US spot crypto ETF balances

What is "US spot crypto ETF balances"?

The aggregate amount of cryptocurrency held by spot crypto ETFs traded in the United States, expressed in the asset’s native units.

What is "US spot crypto ETF balances in USD"?

The aggregate value of cryptocurrency held by US spot crypto ETFs, expressed in US dollars.

Why are "US spot crypto ETF balances" and "US spot crypto ETF balances in USD" important?

The metric reflects the volume of cryptoassets held by regulated investment vehicles in the United States. Changes can indicate capital inflows or outflows via spot ETFs and help assess participation dynamics of institutional and traditional investment structures.

The native-unit version reflects the actual quantity held, while the USD version allows assessment of the economic scale of these positions, accounting for market price changes.

How are "US spot crypto ETF balances" and "US spot crypto ETF balances in USD" calculated?

The metric is calculated by aggregating the asset balances of all approved US spot crypto ETFs.

For BTC, the following funds are included:

  • BlackRock – IBIT
  • Grayscale – GBTC
  • Grayscale Mini Trust – BTC
  • Fidelity – FBTC
  • Ark/21 Shares – ARKB
  • Bitwise – BITB
  • VanEck – HODL
  • Valkyrie – BRRR
  • Invesco/Galaxy – BTCO
  • Franklin Templeton – EZBC
  • WisdomTree – BTCW

For ETH, the following funds are included:

  • BlackRock – ETHA
  • Grayscale – ETHE
  • Grayscale Mini Trust – ETH
  • Fidelity – FETH
  • 21 Shares – CETH
  • Bitwise – ETHW
  • VanEck – ETHV
  • Invesco/Galaxy – QETH
  • Franklin Templeton – EZET

The native-unit version reflects the total quantity held, and the USD version is calculated as the aggregate balance multiplied by the market price of the respective asset.