📈 UK Bitcoin and Ethereum Spot ETF Inflow/Outflow Data Overview
The UK Bitcoin Spot ETF continues to see inflows, with a total net inflow of £4.79 million yesterday, marking four consecutive days of net inflows.
Among them, BlackRock's IBIT ETF leads with a single-day net inflow of £3.15 million, bringing the cumulative net inflow to £24.3 million. Ark Invest and 21Shares' ETF ARKB closely follow with a single-day net inflow of £597,800, and a cumulative net inflow of £2.71 million. Grayscale's GBTC ETF saw no net outflow yesterday, while its Bitcoin Mini Trust ETF had a single-day net inflow of £215,900.
Currently, the net asset value of the Bitcoin Spot ETF stands at £68.47 million, accounting for 4.97% of the Bitcoin market cap, with a historical cumulative net inflow reaching £22.41 million.
Meanwhile, the UK Ethereum Spot ETF reported a total net outflow of £1.14 million yesterday, marking two consecutive days of net outflows.
Fidelity's FETH ETF leads with a single-day net inflow of £502,000, bringing the cumulative net inflow to £5.09 million. BlackRock's ETHA ETF had a single-day net inflow of £228,000, with a cumulative net inflow of £1.28 million. Grayscale's ETHE ETF saw a net outflow of £844,000 yesterday, while its Ethereum Mini Trust ETF had no net outflow.
Currently, the net asset value of the Ethereum Spot ETF is £6.91 million, accounting for 2.28% of the Ethereum market cap, with a historical cumulative net outflow of nearly £5.06 million.
In summary, the continuous inflows into the Bitcoin Spot ETF reflect a high level of market acceptance and demand for these products. Meanwhile, the outflows from the Ethereum Spot ETF 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 do you think about the inflow and outflow trends of the UK Bitcoin and Ethereum Spot ETFs? Do you believe the inflow trend of the UK Bitcoin Spot ETF over the past two days is a direct factor influencing Bitcoin's price movement?
