Easily Track U.S. Bitcoin and Ethereum ETF Capital Flows... Dunamu Launches Spot ETF Trends Service
From now on, domestic users of the virtual asset exchange Upbit will be able to easily track the capital flows of U.S. spot Bitcoin and Ethereum Exchange-Traded Funds (ETFs) at a glance.
Dunamu, the operator of Upbit, announced on the 25th that it has launched the "Spot ETF Trends" service. This is the first time that indicators for spot virtual asset ETFs are being provided in Korea.
Until now, domestic investors could only check spot ETF trends through overseas platforms. The spot ETF trend has been regarded as a key indicator for tracking the flow of institutional funds into the virtual asset market, as institutions such as Bank of America (BoA) and JPMorgan Chase disclose their holdings in spot Bitcoin and Ethereum ETFs.
Upbit’s Data Lab provides the following through the Spot ETF Trends service: ▲ Net ETF capital inflows ▲ 52-week highs/lows ▲ Cumulative net ETF capital inflows ▲ ETF Assets Under Management (AUM) ▲ ETF Bitcoin and Ethereum holdings. In particular, the service is not limited to providing data sheets; it also allows users to compare this data alongside Bitcoin and Ethereum price or market capitalization trends, making it easier to view overall market movements at a glance.
This information is based on eight spot Bitcoin ETFs and seven spot Ethereum ETFs and is updated from Tuesday to Wednesday at 9 a.m. The data is provided with a two-day trading delay due to the time difference in U.S. public disclosures. The data aggregation standard is based on U.S. trading days, and no data is generated on U.S. market holidays.
The Spot ETF Trends can be accessed via the Upbit Data Lab website or the Upbit App.
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Dae-Hyun Kim, Chief Data Officer (CDO) at Dunamu, said, “With this new Spot ETF Trends service, we expect domestic users will be able to easily grasp global market trends.”
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