💰Bitcoin and Ethereum spot ETFs continued their strong inflows last week, with Ethereum ETFs setting a record for weekly inflow amounts
According to the latest data from SoSoValue, the Bitcoin spot ETF had a net inflow of $2.17 billion last week, achieving a consecutive 12-day streak of daily net inflows.
Among them, BlackRock's ETF IBIT topped the list with a weekly net inflow of $1.51 billion, bringing the total net inflow to $35.88 billion; Fidelity's ETF FBTC had a weekly net inflow of $598 million, with a total net inflow of $12.31 billion. Bitwise ETF BIBT had a weekly net inflow of $67.81 million, with a total net inflow of $2.31 billion. Ark 21Shares ETF ARKB had a weekly net inflow of $61.52 million, with a total net inflow of $2.67 billion.
In addition, Grayscale's mini trust ETF BTC saw a weekly net inflow of nearly $145 million, with a total net inflow of $1.03 billion. However, Grayscale ETF GBTC experienced a net outflow of $221 million last week, bringing the total net outflow to $21.05 billion.
As of now, the total net asset value of Bitcoin spot ETFs is $114.97 billion, accounting for 5.71% of Bitcoin's total market capitalization, with a cumulative total net inflow of $35.6 billion.
Meanwhile, Ethereum spot ETFs had a net inflow of $855 million last week, setting a historical high for weekly net inflows, and also achieving a consecutive 15-day streak of daily net inflows.
Among them, BlackRock's Ethereum ETF ETHA ranked first with a net inflow of $523 million, with a total net inflow of $3.2 billion; Fidelity's Ethereum ETF FETH followed closely with a net inflow of nearly $259 million, bringing the total net inflow to $1.38 billion.
In addition, Grayscale's Ethereum mini trust ETF ETH had a net inflow of $121 million last week, with a total net inflow of nearly $604 million. However, Grayscale's Ethereum trust ETF ETHE saw a net outflow of $49.23 million last week, with a total net outflow of $3.52 billion.
As of now, the total net asset value of Ethereum spot ETFs is $13.78 billion, accounting for 2.92% of Ethereum's total market capitalization, with a cumulative total net inflow of $2.26 billion.
💬 What are your thoughts on the inflow trend of Bitcoin and Ethereum spot ETFs? Are you still optimistic about the future trends of the cryptocurrency market?
