ChainCatcher news, according to Blockworks, the real estate tokenization company Manifest has completed a $2.5 million funding round, led by VanEck Ventures, with participation from Compound, Lattice Fund, and SALT.It is reported that Manifest is a company dedicated to bringing U.S. private equity real estate onto the blockchain, aiming to combine real estate with decentralized finance (DeFi).

ChainCatcher news, according to SoSoValue data, the Ethereum spot ETF had a net outflow of $178 million last week (from March 10 to March 14, Eastern Time).The Ethereum ETF with the highest net inflow last week was the Vaneck Ethereum ETF ETHV, with a weekly net inflow of $1.35 million, bringing its historical total net inflow to $138 million. The second was the Invesco Ethereum ETF QETH, with a weekly net inflow of $1.06 million, currently having a historical total net inflow of $21.38 million.The Ethereum spot ETF with the highest net outflow last week was the Blackrock Ethereum ETF ETHA, with a weekly net outflow of $63.3 million, bringing its historical total net outflow to $4.15 billion. The second was the Fidelity Ethereum ETF FETH, with a weekly net outflow of $49.66 million, currently having a historical total net inflow of $1.42 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $6.72 billion, with an ETF net asset ratio (market value as a percentage of total Ethereum market value) of 2.90%, and the historical cumulative net inflow has reached $2.52 billion.

ChainCatcher news, according to The block, VanEck has submitted an S-1 application to the SEC to launch an Avalanche ETF.The application document states: "The investment objective of the trust is to reflect the price performance of the native token 'AVAX' of the Avalanche network, minus the trust's operating expenses."

ChainCatcher News: The U.S. Securities and Exchange Commission (SEC) has delayed the approval of the VanEck spot Solana ETF.

ChainCatcher news, according to market news, VanEck has registered an Avalanche ETF in Delaware.

ChainCatcher news, VanEck's Director of Digital Asset Research Matthew Sigel published an analysis stating that the combined effect of Solana's SIMD 096 and SIMD 0228 proposals is expected to reduce the annual selling pressure of SOL by $677 million to $1.1 billion. Sigel pointed out that while SIMD 096 increases tax-related selling pressure by eliminating the 50% priority fee burn mechanism, the impact of SIMD 0228 is expected to fully offset this negative effect.Previous news, Solana's SIMD 0228 proposal is open for discussion and is expected to undergo community voting in about 10 days. This proposal aims to shift the issuance of SOL tokens to a market-driven model, setting a target staking rate of 50% to enhance network security and decentralization.

Bitcoin ETFs have seen outflows of approximately $2.1 billion for six consecutive days, marking the longest period of fund outflows since June of last year. Matthew Sigel, head of digital asset research at VanEck, believes that the record outflows may stem from hedge funds unwinding a popular strategy known as "basis trading," which profits from the price differences between the spot and futures markets. Some funds use ETFs to profit from the volatility of cryptocurrencies or to hedge short positions in derivatives. He explained, "This strategy involves buying Bitcoin spot (usually through ETFs) while shorting Bitcoin futures to lock in low-risk returns. However, the profits from this trading have recently collapsed, significantly reducing its attractiveness. As a result, hedge funds using ETFs for this trading may have closed their positions, leading to large redemptions."

ChainCatcher news, according to data from Bloomberg Intelligence, among ETF issuers' exposure to the technology sector, VanEck, Invesco, and Fidelity have significantly higher exposure than the average, at 39%, 38%, and 36%, respectively.In contrast, value-oriented ETF issuers such as FlexShares, DFA, and Avantis have noticeably lower exposure to the technology sector, with FlexShares at only 6%. This data suggests that if the market experiences a rotation in the technology sector, the aforementioned high-exposure ETF issuers may face significant impacts.

ChainCatcher message, according to SoSoValue data, last week (Eastern Time from February 18 to February 21) the Bitcoin spot ETF had a net outflow of 559 million USD.The Bitcoin spot ETF with the highest net inflow last week was the VanEck Bitcoin ETF HODL, with a weekly net inflow of 4.13 million USD, bringing the total historical net inflow of HODL to 871 million USD. The Bitcoin spot ETF with the highest net outflow last week was the Fidelity Bitcoin ETF FBTC, with a weekly net outflow of 166 million USD, and the total historical net inflow of FBTC currently stands at 12.33 billion USD.As of the time of writing, the total net asset value of Bitcoin spot ETFs is 110.795 billion USD, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 5.88%, and the historical cumulative net inflow has reached 39.556 billion USD.

According to ChainCatcher news, as reported by Cryptoslate citing a VanEck report, Bitcoin mining companies are accelerating their transition to artificial intelligence (AI) and high-performance computing (HPC) businesses due to unstable transaction fee income.The report points out that while network congestion may lead to short-term fee increases, the rise of off-chain solutions such as exchange-traded funds (ETFs), futures markets, layer two networks, and centralized exchanges creates uncertainty for long-term on-chain revenue growth.It is reported that several mining companies, including Cipher Mining, Iris Energy, Riot Platforms, and HIVE Digital Technologies, have begun to lay out related businesses.VanEck expects that Bitcoin mining companies will allocate 20-30% of their power capacity for AI and HPC businesses in the future to diversify their revenue sources.

ChainCatcher message, VanEck's latest research indicates that by 2029, a Bitcoin strategic reserve of $1 million in BTC could offset approximately $21 trillion of U.S. national debt.

According to ChainCatcher news and analysis by Vaneck analyst Matthew Sigel, 20 states in the U.S. are advancing legislation related to Bitcoin reserves. If all are passed, it is expected to drive $23 billion in funds into the Bitcoin market, equivalent to approximately 247,000 BTC.The study covers reserve funds, pension plans, and other state-level investment mechanisms across various states, with some states proposing to use state budget surpluses, stabilization funds, and land funds for Bitcoin investments.

ChainCatcher news, VanEck's Head of Digital Asset Research Matthew Sigel posted on social media that the institution analyzed Bitcoin reserve bills released by 20 states. If enacted, they could drive $23 billion in funds to enter the market for purchases, which is independent of any pension fund allocations. If legislators move forward, there may be even more funds entering.

ChainCatcher news, multiple institutions have submitted applications for a Solana spot exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC), which has confirmed receipt and acceptance of the relevant documents.Cboe BZX Exchange has submitted a proposed rule change form to support the listing and trading of Solana spot ETFs issued by 21Shares, Bitwise, Canary Capital, and VanEck. Previously, the Solana ETF applications from these companies had been rejected.Bloomberg ETF analysts James Seyffart and Eric Balchunas stated on Monday that they believe the likelihood of the SEC approving a Solana ETF is 70%. Franklin Templeton also seems ready to join the competition for Solana ETFs, as the company submitted documents on Tuesday in Delaware to register the Franklin Solana Trust.

ChainCatcher news, VanEck's Head of Digital Asset Research Matthew Sigel commented on X regarding the establishment of a strategic Bitcoin reserve in the U.S., stating that a Bitcoin reserve can convey a symbolic message of leadership and innovation while providing a financial hedge against an uncertain future.Bitcoin is digital gold, and Bitcoin in a redefined SDR basket or held by the Treasury could provide a neutral alternative to politically influenced currencies, thereby indirectly strengthening the dollar. The most likely way to achieve this is through the U.S. government promoting this initiative.Bitcoin mining incentivizes the development of domestic energy infrastructure, including renewable energy, nuclear power, and grid resilience projects. This aligns with the strategic goals of U.S. energy independence and sustainability.With a strategic Bitcoin reserve, the U.S. will simultaneously ensure its dominance in energy infrastructure, artificial intelligence, and Bitcoin.

ChainCatcher message, according to a recent report by VanEck, Solana (SOL) currently accounts for 15% of the smart contract platform (SCP) market cap, and is expected to rise to 22% by the end of 2025, which could push the price of SOL up to $520.The growth in Solana's market cap is attributed to its strong developer influence, DEX trading volume share, revenue, and the continuous growth of its active user base.VanEck's valuation model links Solana's expected SCP market share to the growth of the U.S. M2 money supply, which has historically been correlated with cryptocurrency market cap. M2 includes cash, checking deposits, and short-term investments, serving as a broad measure of the money supply in the U.S. and the Eurozone. By the end of 2025, the M2 money supply is expected to reach $22.3 trillion, maintaining an annual growth rate of 3.2% since October 2023.Regression analysis indicates that by the end of 2025, the total market cap of SCP will grow by 43%, reaching $1.1 trillion, surpassing the peak of $989 billion in 2021. VanEck uses an autoregressive (AR) model to estimate that Solana's market cap could reach approximately $250 billion. Given that there are 487 million circulating tokens, this implies a target price of $520 for SOL.

ChainCatcher news, asset management company VanEck has released an analysis report on Sui and Aptos. The report predicts that by the end of 2025, the market capitalization of smart contract platforms will reach $1.1 trillion, with the Move ecosystem potentially accounting for 6.5% market share.Specifically, Sui is expected to capture 5.5% market share, with a market capitalization of approximately $61 billion. Based on a circulating supply of 3 billion tokens at that time, the price per token could reach $16; Aptos is expected to capture 1% market share, with a market capitalization of approximately $11 billion. Based on a circulating supply of 507 million tokens at that time, the price per token could reach $22.

ChainCatcher news, VanEck senior investment analyst Patrick Bush conducted a comprehensive comparison of Sui and Aptos, covering blockchain performance, scalability, ecosystem, and trading advantages. He predicts that by the end of 2025, the price of SUI will reach $16, and the price of APT will reach $22.The analysis suggests that Sui has greater potential in terms of technical and trading optimization, such as its programmable trading blocks and DeepBook, which provide lower trading costs and deeper liquidity for decentralized exchanges (DEX). However, Aptos's dynamic parallel processing and more robust design may hold an advantage in future competition.Additionally, the report notes that the long-term success of both will depend on the combination of technological innovation and ecosystem expansion, as well as their ability to attract developers and users. Although Sui and Aptos are technically advanced, they still face challenges from established blockchains like Ethereum and Solana, as well as emerging competitors.