📈 Overview of Bitcoin and Ethereum Spot ETF Inflows/Outflows in the U.S. Yesterday
The U.S. Bitcoin spot ETF continues to see capital inflows, with a total net inflow of $479 million yesterday, achieving four consecutive days of net inflows.
Among them, BlackRock's IBIT ETF led with a net inflow of $315 million in a single day, with a cumulative net inflow of $24.3 billion. Ark Invest and 21Shares' ETF ARKB followed closely, with a single-day net inflow of $59.78 million and a cumulative net inflow of $2.71 billion. Grayscale's GBTC ETF had a net outflow of $0 yesterday, while its Bitcoin Mini Trust ETF BTC saw a single-day net inflow of $21.59 million.
Currently, the total net asset value of Bitcoin spot ETFs is $68.47 billion, accounting for 4.97% of Bitcoin's market value, with a historical cumulative net inflow of $22.41 billion.
Meanwhile, the U.S. Ethereum spot ETF had a total net outflow of $1.14 million yesterday, marking two consecutive days of net outflows.
Fidelity's FETH ETF led with a single-day net inflow of $502,000, with a cumulative net inflow of $509 million. BlackRock's ETHA ETF had a single-day net inflow of $228,000, with a cumulative net inflow of $1.28 billion. Grayscale's ETHE ETF had a net outflow of $844,000 yesterday, while its Ethereum Mini Trust ETF ETH had no net outflow.
Currently, the total net asset value of Ethereum spot ETFs is $6.91 billion, accounting for 2.28% of Ethereum’s market value, with a historical cumulative net outflow of nearly $506 million.
In summary, the continuous capital inflows into Bitcoin spot ETFs reflect the market's high acceptance and demand for these products. Meanwhile, the outflows from Ethereum spot ETFs may suggest a wait-and-see attitude from the market regarding Ethereum's recent dynamics.
These data not only provide us with a snapshot of market sentiment but also reveal investors' attitudes and expectations towards different cryptocurrency products.
💬 What are your thoughts on the capital flow trends of Bitcoin and Ethereum spot ETFs in the U.S.? Do you think the capital inflow trend of the U.S. Bitcoin spot ETF in the past two days is a direct factor affecting Bitcoin's price movement?
