📈 Bitcoin and Ethereum Spot ETF Yesterday's Data Overview
According to SoSoValue data, yesterday the Bitcoin spot ETF market performed strongly, with a net inflow amount reaching $188 million. Among them, BlackRock's ETF IBIT led the way with a nearly $166 million single-day net inflow, while Bitwise's ETF BIBT followed closely with a $29.63 million single-day inflow. However, Grayscale's GBTC experienced a $7.05 million single-day net outflow.
As of now, the total net asset value of Bitcoin spot ETFs has climbed to $66.09 billion, accounting for 4.9% of Bitcoin's market value, with a historical cumulative net inflow reaching $21.53 billion.
Similarly, the Ethereum spot ETF is also not falling behind, with a net inflow of approximately $2.3 million yesterday. Among them, BlackRock's ETF ETHA contributed the most with a $2.3 million single-day net inflow, while other Ethereum ETFs had a single-day net inflow still at zero. Grayscale's ETF ETHE has a historical cumulative net outflow of $3.05 billion.
Currently, the total net asset value of Ethereum spot ETFs is $7.01 billion, accounting for 2.3% of Ethereum ETF's market value, with a historical cumulative net outflow of $485 million.
In summary, this series of data indicates that despite the uncertainty in market trends, investor interest in cryptocurrency ETFs has not diminished, especially as Bitcoin and Ethereum maintain their positions as market leaders. With more funds flowing in, the maturity and acceptance of the cryptocurrency market seem to be on the rise.
