🧐 Overview of Bitcoin and Ethereum Spot ETF Data from Yesterday
According to the latest data from SoSoValue, the Bitcoin spot ETF market experienced significant capital outflow yesterday, with a total net outflow of $541 million in a single day, second only to the $564 million on May 1, ranking second in historical single-day net outflows.
Among them, Fidelity's Bitcoin ETF (FBTC) had a net outflow of $169 million yesterday, ranking first in single-day net outflow. Following closely is the Ark 21Shares ETF (ARKB), with a single-day net outflow of $138 million;
Meanwhile, Grayscale's Bitcoin Trust ETF (GBTC) and Grayscale Bitcoin Mini Trust ETF (BTC) had net outflows of $63.66 million and $89.49 million, respectively, yesterday.
It is worth noting that although most Bitcoin spot ETFs experienced net outflows yesterday, BlackRock's Bitcoin ETF (IBIT) achieved a net inflow of $38.42 million yesterday, with a cumulative net inflow of $26.17 billion.
Currently, the total net asset value of Bitcoin spot ETFs is $67.44 billion, accounting for 5.06% of Bitcoin's market value, with a historical cumulative net inflow of $23.61 billion.
At the same time, the Ethereum spot ETF market had a net outflow of $63.22 million yesterday, marking two consecutive days of net outflows.
Among them, Fidelity's Ethereum Spot ETF (FETH) had a net outflow of $31.5 million yesterday, ranking first in single-day net outflow. Grayscale's Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH) had net outflows of $10.8 million and $31.94 million, respectively;
It is noteworthy that BlackRock's Ethereum ETF (ETHA) achieved a net inflow of $11.01 million on the same day, with a cumulative net inflow of $1.35 billion.
Currently, the total net asset value of Ethereum spot ETFs is $6.63 billion, accounting for 2.27% of Ethereum's market value, with a historical cumulative net outflow of nearly $555 million.
Overall, despite the uncertainty surrounding the elections and the expectation of interest rate cuts this month causing some volatility in the market, some ETF products are still able to attract some capital inflow, demonstrating the market's long-term interest and confidence in cryptocurrency investments.
