💰 US Bitcoin and Ethereum spot ETFs have seen net inflows for 5 consecutive days, and market confidence remains solid!
On November 13, the latest data from SoValue showed that the total net inflow of US Bitcoin spot ETFs yesterday was nearly $818 million, and net inflows have been achieved for 5 consecutive days.
Among them, BlackRock's IBIT ETF led with a single-day net inflow of $778 million, and the historical total net inflow increased to $28.92 billion. Fidelity's FBTC ETF followed closely behind, with a single-day net inflow of $37.2 million and a historical total net inflow of $10.93 billion.
Grayscale's GBTC ETF and its Bitcoin Mini Trust ETF BTC had a net outflow of $17.79 million and a net inflow of $15.08 million, respectively, on a single day.
Currently, the total net asset value of Bitcoin spot ETFs is $94.02 billion, accounting for 5.31% of Bitcoin's market value, and the historical cumulative total net inflow is $27.72 billion.
On the same day, the total net inflow of the US Ethereum spot ETF was nearly $136 million, also achieving net inflows for 5 consecutive days.
Among them, BlackRock's ETHA ETF led with a single-day net inflow of $131 million, and the total historical net inflow reached $1.67 billion. Bitwise's ETHW ETF had a net inflow of $16.98 million in a single day, and a total historical net inflow of $360 million.
The Grayscale Ethereum Trust ETF ETHE and its Ethereum Mini Trust ETF ETH had a net outflow of $33.21 million and a net inflow of $12.71 million in a single day, respectively.
Currently, the total net asset value of the Ethereum spot ETF is $9.67 billion, accounting for 2.44% of the market value of Ethereum, and the total historical cumulative net inflow is $94.62 million.
In summary, both Bitcoin and Ethereum spot ETFs have achieved net inflows for 5 consecutive days, reflecting investors' optimism about the cryptocurrency market.
At the same time, although the crypto market may experience a short-term correction from the spot market's market K-line, the continued inflow of funds in the ETF market shows that the market's long-term optimism and confidence remain.
