📈Bitcoin spot ETF has had net capital inflows in a single day for 4 consecutive days, and Ethereum ETF has had net capital inflows for 7 consecutive days.
According to the latest data from SoSoValue, the Bitcoin spot ETF once again recorded significant capital inflows. Yesterday’s single-day net inflow totaled US$676 million. This was the fourth consecutive day of net capital inflows.
Among these 12 ETFs, BlackRock's ETF IBIT led the way with a single-day net inflow of US$693 million, and the cumulative net inflow reached US$32.77 billion; Fidelity's ETF FBTC ranked second, with a single-day net inflow of US$32.77 billion. The inflow was US$52.17 million, and the cumulative net inflow was US$11.53 billion. VanEck’s ETF HODL ranked third, with a single-day net inflow of US$16.21 million and a cumulative net inflow of US$792 million.
Grayscale’s Bitcoin Trust ETF GBTC and its Mini Trust ETF BTC both had a net outflow of $0 on the day, achieving a cumulative net outflow of $20.55 billion and a cumulative net inflow of $729 million respectively.
Currently, the total net asset value of Bitcoin spot ETFs is US$104.25 billion, accounting for 5.51% of Bitcoin’s market value, with a total historical net inflow of US$31.73 billion.
On the same day, the Ethereum spot ETF also had a single-day net inflow of nearly $133 million, achieving seven consecutive days of net inflows.
Among the 9 Ethereum ETFs, Fidelity’s ETF FETH led the way with a single-day net inflow of US$73.72 million, and the cumulative net inflow reached US$918 million; BlackRock’s ETF ETHA followed closely, with a single-day net inflow of US$73.72 million. The daily net inflow was US$65.29 million, and the cumulative net inflow reached US$2.22 billion.
Grayscale's Ethereum ETF ETHE had a net outflow of US$6.37 million yesterday, with a total historical net outflow of US$3.42 billion.
Currently, the total net asset value of Ethereum spot ETF is US$11.22 billion, accounting for 2.58% of Ethereum’s market value, with a total cumulative net inflow of US$730 million.
🗣️Conclusion:
Although the Bitcoin market fell slightly due to yesterday's martial law incident in South Korea, the continued net inflow of funds in the cryptocurrency ETF market shows that investor sentiment has not been greatly affected, and also reflects the institutional and professional investors' interest in crypto. The long-term outlook for the currency is optimistic and the layout continues.
💬 What do you think of this trend? Are you optimistic about the investment prospects of cryptocurrencies in the current global economic environment?Leave your opinion in the comments section!