数字货币投资

🕵️Last ​​week, Bitcoin ETF had a net outflow of $559 million, and Ethereum ETF had a net inflow of $1.61 million

According to the latest data from SoSoValue, Bitcoin spot ETFs performed weakly overall last week, with a net outflow of $559 million in a single week, achieving net outflows for two consecutive weeks.

Among them, Fidelity's Bitcoin ETF FBTC had the largest net outflow, with a net outflow of nearly $166 million in a single week, making its cumulative net inflow still as high as $12.33 billion. Ark&21shares' Bitcoin ETF ARKB had a net outflow of nearly $107 million in a single week, with a cumulative net inflow of $2.74 billion; Bitwise's Bitcoin ETF BITB had a net outflow of nearly $106 million in a single week, with a cumulative net inflow of $2.17 billion.

Grayscale Bitcoin ETF FBTC and Grayscale's Mini Trust ETF had a net outflow of $93.6 million and $61.1 million in a single week, respectively; BlackRock's Bitcoin ETF IBIT had a net outflow of $21.96 million in a single week, and the cumulative net inflow was still as high as $40.88 billion.

However, VanEck Bitcoin ETF HODL achieved a net inflow against the trend, with a weekly net inflow of $4.13 million and a historical total net inflow of $871 million.

As of now, the total net asset value of Bitcoin spot ETFs is $110.8 billion, accounting for 5.88% of the Bitcoin market value, and the historical cumulative total net inflow has reached $39.56 billion.  

In contrast, Ethereum spot ETFs performed relatively steadily, with a net inflow of $1.61 million last week. Among them, Fidelity's Ethereum ETF FETH performed outstandingly, with a weekly net inflow of $26.32 million and a cumulative total net inflow of $1.54 billion. Grayscale Ethereum Trust ETHE has become the product with the largest net outflow, with a weekly net outflow of $15.79 million and a total historical net outflow of $4 billion.

Currently, the total net asset value of Ethereum spot ETF is $9.98 billion, accounting for 3.14% of the market value of Ethereum, and the cumulative total net inflow is $3.15 billion.  

Overall, the Bitcoin spot ETF has a significant outflow of funds, while the Ethereum spot ETF maintains a small net inflow, showing the market's short-term sentiment differentiation on the two types of assets. In the future, as the market environment changes, the flow of funds may continue to fluctuate.

#比特币ETF #以太坊ETF #资金流向 #数字货币投资

🔄Overview of Net Inflows/Outflows for Bitcoin and Ethereum Spot ETFs Last Week💰

According to SoSoValue data, last week the Bitcoin spot ETF saw a net inflow of $2.22 billion, achieving a successful four-week streak of net asset inflows.

Among them, Blackrock's Bitcoin ETF IBIT performed particularly well, with a single-week net inflow of $2.15 billion, bringing its historical total net inflow to $26.14 billion. Following closely is Fidelity's Bitcoin ETF FBTC, which had a single-week net inflow of $89.66 million, with a historical total net inflow of $10.47 billion. However, Grayscale's Bitcoin Trust ETF GBTC experienced a net outflow during the same period, amounting to $53.96 million, with its historical cumulative net outflow reaching $20.16 billion.

Currently, the total net asset value of Bitcoin spot ETFs is $69.64 billion, accounting for 5.08% of Bitcoin's total market capitalization, with a cumulative historical net inflow of $24.15 billion.

On the Ethereum side, last week the Ethereum spot ETF had a net inflow of $13 million. Among them, Blackrock's Ethereum ETF ETHA led with a single-week net inflow of $65.54 million, bringing its historical total net inflow to $1.34 billion. Fidelity's Ethereum ETF FETH also performed well, with a single-week net inflow of $10.34 million, and a historical total net inflow exceeding $514 million. Meanwhile, Grayscale's Ethereum Trust ETF ETHE experienced a net outflow of $62.42 million, with its historical cumulative net outflow reaching $3.13 billion.

Currently, the total net asset value of Ethereum spot ETFs is $6.94 billion, accounting for 2.29% of Ethereum's total market capitalization, with a historical cumulative net outflow of $491 million.

🗣 Conclusion:

Despite market volatility, cryptocurrency ETFs continue to be favored by institutional and individual investors, reflecting trust in such products and driving the development of the cryptocurrency market.

In summary, the net asset value of Bitcoin spot ETFs is growing, and its proportion of Bitcoin's market capitalization is also on the rise, which may indicate that the cryptocurrency market is gradually mainstreaming.

💬 Finally, in light of the inflow/outflow data for Bitcoin and Ethereum spot ETFs, what unique insights do you have? Which type of cryptocurrency ETF do you favor more? What do you think these trends imply for the future of the cryptocurrency market?

#比特币ETF #以太坊ETF #贝莱德 #数字货币投资

South Korean officials' "crypto assets" exposed! Seoul city councillor actually holds over one million US dollars in cryptocurrencies

According to the civil servant property report disclosed by South Korea on March 27, among the 2,047 officials who reported their property, 411 people owned digital assets with a total value of up to 9.83 million US dollars. In other words, 1 in every 5 senior officials holds cryptocurrencies!

The most eye-catching is Seoul city councillor Kim Hye-young, who topped the list with $1.16 million in crypto assets. Not only does this councillor hold 16 cryptocurrencies (including Bitcoin), but his family also "groups" to invest. His spouse holds Ethereum, Dogecoin and Ripple, and his eldest son also holds more than 3,000 Ripple coins.

Ranked second is another Seoul city councillor Choi Min-kyu, who holds assets such as Ripple worth $1.06 million. The third place is Kim Ki-hwan, CEO of Busan Ulsan Expressway Company, who mainly holds tokens such as LUNC, worth $940,000.

Interestingly, the investment portfolios of these officials are varied. From mainstream Bitcoin and Ethereum to relatively niche tokens such as HORUS and BLACK, there is everything. On average, each official holds $23,000 in crypto assets, which shows the popularity of cryptocurrencies in South Korean politics.

This is the second time that South Korea has forced civil servants to declare crypto assets. According to South Korea's new crypto regulations, officials above level four must declare in detail the types and quantities of currencies they hold, and senior officials must also explain the source of funds and transaction records.

The background reason for the introduction of this policy is that there are 15.5 million crypto investors in South Korea, accounting for nearly 30% of the total population, and 610,000 new investors in October-November last year.

It seems that in South Korea, not only young people are keen on speculating in cryptocurrencies, but even government officials are "really fragrant"! This phenomenon not only reflects the popularity of cryptocurrencies in South Korea, but also highlights the importance of the asset disclosure system for public officials.

With the continuous development of the crypto market, how to ensure the transparency of public officials' assets and avoid potential conflicts of interest will also become an important issue facing the South Korean government.

What do you think of officials holding cryptocurrencies? Is the practice of the South Korean government forcing civil servants to declare digital assets worth learning from other countries?

#韩国加密货币 #官员财产公开 #数字货币投资