💰The total net outflow of Bitcoin spot ETFs in the US yesterday was $583 million, while the total net outflow of Ethereum ETFs in one day was $159 million.
According to the latest data from SoSoValue, the total net outflow amount for Bitcoin spot ETFs yesterday reached $583 million, ranking second in historical daily total net outflows.
In terms of capital outflows, Fidelity's Bitcoin spot ETF FBTC, Ark's ETF ARKB, BlackRock's ETF IBIT, Valkyrie's ETF BRRR, and Bitwise's ETF BITB are the top five, with daily net outflows of nearly $259 million, $148 million, $124 million, $14.1 million, and $11.26 million respectively. Moreover, among the 12 Bitcoin ETFs, there were no instances of net inflows on that day.
Currently, the total net asset value of Bitcoin spot ETFs is $106.82 billion, accounting for 5.74% of the total market capitalization of Bitcoin, with a cumulative total net inflow of $36.37 billion.
On the same day, the total net outflow of Ethereum spot ETFs was $159 million, also ranking second in historical daily total net outflows.
In terms of capital outflows, Fidelity's Ethereum spot ETF FETH, Grayscale's Ethereum trust ETF ETHE, and its mini trust ETF ETH had daily net outflows of nearly $148 million, $8.26 million, and $3.4 million respectively. Additionally, among the 9 Ethereum ETFs, there were no instances of net inflows on that day.
Currently, the total net asset value of Ethereum spot ETFs is $11.74 billion, accounting for 2.97% of the total market capitalization of Ethereum, with a historical cumulative total net inflow of $2.52 billion.
This phenomenon reflects a cooling investment sentiment towards cryptocurrencies in the market, and investors may hold a cautious attitude towards the current market environment. Investors need to closely monitor market dynamics and rationally analyze potential market changes in various assets.
