💰 The US BTC spot ETF continued to see net inflows on Tuesday, while the Ethereum ETF experienced net outflows
According to the latest data from SoSoValue, the total net inflow amount for Bitcoin spot ETF yesterday was $52.39 million, marking three consecutive days of net inflows following last Friday.
In terms of inflows, BlackRock's Bitcoin spot ETF IBIT had a total net inflow of $596 million in a single day, with a cumulative net inflow of $37.97 billion.
Meanwhile, Ark's Bitcoin spot ETF ARKB, Grayscale's ETF GBTC, Bitwise's ETF BIBT, Fidelity's ETF FBTC, and Franklin's ETF EZBC saw net outflows of approximately $213 million, $125 million, $114 million, $86.29 million, and $5.58 million respectively in a single day.
Currently, the total net asset value of Bitcoin spot ETFs is $110.11 billion, accounting for 5.76% of Bitcoin's total market capitalization, with a cumulative total net inflow of $36.95 billion.
On the same day, Ethereum spot ETFs, however, experienced net outflows, with a total net outflow amount of $86.79 million.
In terms of outflows, Fidelity's Ethereum spot ETF FETH, Grayscale's Ethereum Mini Trust ETF ETH, and its Trust ETF ETHE had net outflows of $67.64 million, $11.19 million, and $7.96 million respectively in a single day. Moreover, among the 9 Ethereum ETFs, there were no net inflows recorded that day.
Currently, the total net asset value of Ethereum spot ETFs is $12.28 billion, accounting for 3.00% of Ethereum's total market capitalization, with a historical cumulative total net inflow of $2.68 billion.
Overall, the trends in the cryptocurrency market ETFs show a differentiated situation, and investors need to closely monitor market dynamics and rationally analyze potential market changes for various assets.
