๐ Massive $524M Surge into Bitcoin Spot ETFs! ๐ฐ
According to data from SoSoValue, Bitcoin spot ETFs saw a huge net inflow of $524 million yesterday โ a strong signal of renewed investor confidence in the crypto market! ๐ข
๐ BlackRockโs IBIT led the charge once again, attracting an impressive $224 million in a single day. Its total historical inflows have now climbed to a staggering $64.54 billion!
๐ฅ Fidelityโs FBTC followed closely behind with $166 million in daily inflows, pushing its lifetime total to $12.17 billion.
๐ Altogether, Bitcoin spot ETFs now hold $137.83 billion in assets, which accounts for 6.67% of Bitcoinโs total market cap. These funds have collectively seen $60.49 billion in total net inflows since launch โ a massive achievement for institutional adoption. ๐
๐ฌ Meanwhile, things looked quite different for Ethereum spot ETFs. The category faced $107 million in net outflows yesterday, with none of the nine ETFs recording gains.
๐ The Grayscale Ethereum Mini Trust (ETH) took the hardest hit, losing $75.7 million in a single day, followed by BlackRockโs ETHA ETF, which saw $19.78 million flow out.
๐ป Currently, Ethereum spot ETFs hold $22.47 billion in assets โ around 5.42% of ETHโs total market cap.
โก๏ธ Bitcoin continues to attract the spotlight, while Ethereum investors seem to be taking a more cautious approach. #BTC #bitcoin
