ETF balances

What is "ETF balances"?

The amount of cryptocurrency held by a spot ETF, expressed in the asset’s native units.

What is "ETF balances in USD"?

The value of cryptocurrency held by a spot ETF, expressed in USD.

Why are "ETF balances" and "ETF balances in USD" important?

The metric reflects the volume of cryptoassets under management for a specific fund. Changes help assess capital inflows or outflows for that ETF and analyze its participation dynamics in the spot crypto ETF market.

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