Upbit Launches First Domestic Spot ETF Tracking Service for BTC and ETH

BTC-1.64%
ETH-1.26%
SOL-0.35%
XRP-1.31%

Dunamu, the operator of Upbit, announced on the 25th the launch of its 'Spot ETF Trends' service, enabling domestic users to track capital flows in U.S. Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds. This marks the first time a digital asset spot ETF indicator service has been provided domestically in South Korea. The service was developed to lower access barriers for domestic investors, who previously could only obtain such data through overseas platforms, by offering key ETF supply-demand indicators in a Korean-language environment via Upbit Data Lab.

Upbit Data Lab Provides Five Core ETF Metrics

Through the 'Spot ETF Trends' service, Upbit Data Lab provides five key data points: ETF net capital inflows, 52-week highs and lows, cumulative net ETF inflows, assets under management (AUM), and ETF Bitcoin and Ethereum holdings. Net capital inflows show fund flows during a selected period, while cumulative net inflows display the total capital influx since ETF launch. AUM represents the scale of underlying assets and cash equivalents held by ETFs. ETF Bitcoin and Ethereum holdings show only the volume of assets held, unlike AUM which fluctuates with asset price movements.

The service also enables users to compare ETF data alongside Bitcoin and Ethereum price trends or market capitalization movements, allowing market flows to be viewed at a glance. The platform provides aggregated data for 8 Bitcoin spot ETFs and 7 Ethereum spot ETFs.

Service Updates Daily with Two-Day Lag, Covers 15 ETFs

Data updates occur daily (Tuesday through Saturday) at approximately 9 AM Korea Standard Time. Due to disclosure time lags in the United States, data displayed reflects information from two trading days prior. The data aggregation standard follows U.S. stock market trading days, and no data is generated on U.S. market holidays.

Dunamu Plans Expansion to Solana and XRP ETFs

Upbit Data Lab plans to expand coverage to Solana (SOL) and XRP spot ETFs in the future. The platform also intends to sequentially add proprietary analysis indicators that combine ETF capital flows with global market data.

Kim Dae-hyun, Chief Data Officer of Dunamu, stated, "Through this Spot ETF Trends service, we expect domestic users to easily grasp global market flows."

FAQ

What did Dunamu launch on the 25th?

Dunamu launched the 'Spot ETF Trends' service on the 25th, providing domestic users access to U.S. Bitcoin and Ethereum spot ETF capital flow data through Upbit Data Lab. This is the first domestic service offering digital asset spot ETF indicators.

How often does the Upbit ETF data update?

The service updates daily from Tuesday through Saturday at approximately 9 AM Korea Standard Time. Data displayed reflects information from two trading days prior due to U.S. disclosure time lags, and no updates occur on U.S. market holidays.

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