💰The U.S. Bitcoin Spot ETF has seen its first net outflow after 5 weeks of net inflows; Ethereum Spot ETF continues two days of net inflows
According to the latest data from SoSoValue, the total net outflow of the U.S. Bitcoin Spot ETF yesterday was $438 million, marking the first net outflow after 5 days of net inflows.
Among them, the largest outflow was from the Bitwise ETF BITB with a single-day net outflow of $281 million; followed closely by Grayscale (Grayscale) ETF GBTC with a single-day net outflow of $158 million, totaling a net outflow of $20.48 billion; while Fidelity had a single-day net outflow of nearly $135 million.
In addition, the largest single-day net inflow was from BlackRock ETF IBIT, with a net inflow of nearly $268 million, bringing its historical total net inflow to $31.6 billion; while the Grayscale Bitcoin Mini Trust ETF BTC had a single-day net inflow of $420,500, bringing its historical total net inflow to $697 million.
As of now, the total net asset value of Bitcoin Spot ETFs is $102.23 billion, accounting for 5.44% of the Bitcoin market cap, with a historical cumulative net inflow of $30.4 billion.
On the same day, the total net inflow for Ethereum Spot ETF was $2.83 million, achieving two consecutive days of net asset inflows.
Among them, the largest net inflow was from Bitwise ETF ETHW, with a single-day net inflow of $8.75 million, bringing its historical total net inflow to nearly $39 million; followed closely by Fidelity's FETH, with a single-day net inflow of $4.36 million, bringing its historical total net inflow to nearly $709 million; while VanEck ETF ETHV had a single-day net inflow of $2.55 million, with a cumulative total net inflow of nearly $10.3 million.
Additionally, Grayscale (Grayscale) Ethereum Trust ETF ETHE and Grayscale Ethereum Mini Trust ETF ETH had single-day net outflows of $7.65 million and $3.96 million respectively, with cumulative net outflows of $3.35 billion and cumulative net inflows of $363 million. Meanwhile, the 21shares ETF CETH had a single-day net inflow of $1.22 million, bringing its cumulative total net inflow to $22.56 million.
Currently, the total net asset value of Ethereum Spot ETFs is $10.28 billion, accounting for 2.44% of the Ethereum market cap, with a historical cumulative total net inflow of nearly $11 million.
💬 Do you think this is a short-term fluctuation in the Bitcoin market or a trend shift? With the Ethereum Spot ETF seeing net inflows for two consecutive days, do you think this trend will continue?
