💰The US BTC spot ETF received a net inflow of nearly $245 million this week, while the ETH spot ETF saw a net outflow of $38.2 million
According to the latest data from SoSoValue, the Bitcoin spot ETF saw a total net inflow of nearly $245 million this week, achieving another week of net inflow after last week's net outflow.
Among them, Fidelity's Bitcoin ETF FBTC had a weekly total net inflow of nearly 275 million, with a total cumulative net inflow of 12.11 billion US dollars; Ark 21 Shares' ETF ARKB had a weekly total net inflow of nearly 202 million, with a total cumulative net inflow of 2.69 billion US dollars; Bitwise's ETF BITB had a weekly net inflow of 86.74 million US dollars, with a total cumulative net inflow of 2.28 billion US dollars; and VanEck's ETF HODL had a weekly net inflow of 11.08 million US dollars, with a total cumulative net inflow of nearly 802 million US dollars
Although some ETFs experienced net outflows of funds this week, overall, the total weekly net inflow of Bitcoin ETFs still exceeded the outflow.
Currently, the total net asset value of Bitcoin spot ETFs has reached 111.46 billion US dollars, accounting for 5.72% of the total market value of Bitcoin, and the cumulative total net inflow is 35.91 billion US dollars.
Ethereum's spot ETF had a total net outflow of $38.2 million this week, achieving its first net inflow after five consecutive weeks of net inflows.
Among them, BitWise's Ethereum spot ETF had a total net outflow of $56.11 million in a single week, and its cumulative net inflow totaled $345 million; Franklin's Ethereum ETF EZET had a total net outflow of $3.88 million in a single week, and a total net inflow of $37.65 million; Grayscale's Bitcoin Trust ETF ETHE had a total net outflow of $51.62 million in a single week, bringing its cumulative net outflow to $36.7;
Although some ETFs experienced net inflows, overall, the total outflow of Ethereum ETFs in a single week still exceeded the net inflow.
Currently, the total net asset value of Ethereum spot ETFs is $13.03 billion, accounting for 3.00% of Ethereum's total market value, and the historical cumulative total net inflow is $2.64 billion.
In summary, the performance of the US BTC spot ETF this week is better than that of the ETH spot ETF, which may reflect the market's increased interest in Bitcoin and increased confidence. This change may indicate potential changes in market dynamics and investor preferences!
💬How do you view this trend in capital flows and whether it will affect the market's future trends?
