HANetf Sees 70% Increase in Trading Volumes for Short and Leveraged Crypto ETPs

HANetf reports a 70% increase in trading volumes across its short and leveraged crypto ETPs in August, with an average monthly trading volume increase of 317% since March. The 2x Long Ethereum ETP accounted for 82% of trading volumes as Ether surged.

Crypto ETFs and ETPs have continued to attract significant investment, with notable trends emerging in August. HANetf reported a 70% increase in trading volumes across its short and leveraged crypto ETPs, marking a substantial 317% average monthly increase since March. The 2x Long Ethereum ETP accounted for 82% of trading volumes, reflecting the surging interest in Ether U.S. crypto ETFs drew over $2 billion in inflows last week^[1].

In the U.S., Bitcoin and Ethereum spot ETFs also demonstrated strong inflows. U.S. spot Bitcoin ETFs drew over $2.323 billion in net inflows over five consecutive days, bringing assets under management (AUM) to $15.318 billion. BlackRock’s ETF (NASDAQ:IBIT) led the inflows with $1.036 billion, followed by Fidelity’s ETF (AMEX:FBTC) with $849 million .

Spot Ethereum ETFs also saw robust inflows, attracting $637 million over four consecutive days. Fidelity’s FETH ETF (AMEX:FETH) was particularly notable, accounting for $381 million of these inflows. Total AUM for the group of Ethereum ETFs reached $3.035 billion, with all nine funds posting net inflows .

International markets also experienced crypto ETF growth. In Hong Kong, crypto ETFs saw new capital, with the Bitcoin ETF recording a net inflow of 24.71 BTC and the Ethereum ETF adding 610.45 ETH, managing around $64.6 million in assets .

The U.S. Bitcoin spot ETF options markets were particularly active, with nominal trading volume reaching $3.2 billion on September 12, and total open interest standing at $30.86 billion the previous day. Market sentiment was predominantly bullish, with implied volatility at 39.67% .

Other developments included CleanCore Solutions increasing its exposure to Dogecoin, surpassing 500 million tokens, and the expected postponement of the REX-Osprey DOGE ETF launch to next week. The DTCC also listed new ETFs focused on Solana, Hedera, and XRP .

BlackRock is reportedly exploring the tokenization of ETFs and traditional assets via blockchain, following the success of its tokenized BUIDL fund, which has already exceeded $2 billion in AUM. VanEck also announced plans to file for the HYPE Spot Staked ETF in the U.S. and to launch related products in Europe .