📈Bitcoin spot ETF has seen three consecutive days of single-day net asset inflows, while Ethereum ETF has experienced six consecutive days of asset inflows.
According to the latest data from SoSoValue, the Bitcoin spot ETF had a total net inflow of nearly $354 million yesterday, achieving three consecutive days of single-day asset inflows.
Among them, BlackRock's ETF IBIT had the highest net inflow yesterday, reaching $338 million, with a cumulative net inflow of $32.08 billion. Following that is Fidelity's ETF FBTC, which had a net inflow of $25.14 million yesterday, with a cumulative inflow of $11.48 billion. Ark 21Shares' ETF ARKB ranked third, with a net inflow of $17.24 million yesterday and a cumulative net inflow of $2.67 billion.
Meanwhile, Grayscale's ETF GBTC and Grayscale Mini Trust ETF BTC had a net outflow of $28.11 million and a net inflow of $6.36 million yesterday, respectively, resulting in a cumulative net outflow of $20.55 billion and a cumulative net inflow of $729 million.
As of now, the total net asset value of Bitcoin has reached $10.391 billion, accounting for 5.49% of Bitcoin's total market capitalization, with a cumulative total net inflow of $31.06 billion.
At the same time, the Ethereum spot ETF also shows a strong inflow trend, with a single-day net inflow of $24.23 million yesterday, achieving six consecutive days of asset net inflows.
Among them, BlackRock's ETF ETHA had the highest net inflow yesterday, reaching $55.92 million, with a historical cumulative inflow of $2.16 billion. Following that is Fidelity's ETF FETH, with a net inflow of $19.90 million and a cumulative inflow of $844 million.
Grayscale's ETHE and Grayscale Mini Trust ETF ETH had a net outflow of $44.36 million and a net outflow of $0 yesterday, respectively, resulting in a cumulative net outflow of $3.41 billion and a cumulative net inflow of $420 million.
Currently, the total net asset value of the Ethereum spot ETF has reached $11.13 billion, accounting for 2.56% of Ethereum's total market capitalization, with a cumulative total net inflow of nearly $598 million.
In summary, both Bitcoin and Ethereum spot ETFs have recently shown a positive trend of capital inflows, reflecting the market's positive expectations for the long-term growth prospects of cryptocurrencies. Whether this trend can be sustained and how it will affect the future of the market remains a question worth further observation and analysis.
💬 Do you think this positive trend will continue? Are there other factors influencing the trend of capital inflows?
