The U.S. Bitcoin ETF recorded over $3 billion in net inflows last week, while the Ethereum ETF saw a net inflow of $157 million in its first week.
On April 28, according to SoSoValue data, the Bitcoin spot ETF had a weekly net inflow of $3.06 billion from April 21 to April 25, marking two consecutive weeks of net inflows.
Among them, the BlackRock Bitcoin ETF IBIT had the largest weekly net inflow of $1.45 billion, bringing its historical total net inflow to $41.2 billion.
Following that is the Ark & 21Shares Bitcoin ETF ARKB, with a weekly net inflow of $621 million, and its historical total net inflow now stands at $3.11 billion. The Fidelity Bitcoin ETF FBTC had a weekly net inflow of $574 million, with a cumulative net inflow of $11.86 billion.
As of now, the total net asset value of Bitcoin spot ETFs is $109.27 billion, accounting for 5.80% of the total Bitcoin market capitalization, with a cumulative total net inflow of $38.43 billion.
In the same week, the Ethereum spot ETF saw a net inflow of $15.7 million, marking its first week of net inflows after eight consecutive weeks of outflows.
Among them, the Fidelity ETF FETH had the highest weekly net inflow of $68.59 million, with its historical total net inflow reaching $1.43 billion.
Following that is the BlackRock ETF ETHA, with a weekly net inflow of $64.18 million, and its historical total net inflow is now $4.11 billion.
Meanwhile, the Grayscale Ethereum Trust ETF ETHE saw the largest net outflow last week, with a weekly net outflow of $32.02 million, and its historical total net outflow now stands at $4.28 billion.
As of now, the total net asset value of Ethereum spot ETFs is $6.14 billion, accounting for 2.83% of the total Ethereum market capitalization, with a cumulative total net inflow of $2.4 billion.
In summary, these data may indicate a broader market recovery and a rebound in investor confidence, especially in the performance of Bitcoin and Ethereum, showing optimism towards the long-term prospects of these two major digital assets.
Do you think this trend of inflows will continue in the coming weeks, or will there be fluctuations? Leave your thoughts and predictions in the comments!