Bitcoin spot ETF saw a net inflow of $329 million yesterday, while Ethereum spot ETF recorded a net inflow of $64.89 million.
On May 21, according to SoSoValue data, the U.S. Bitcoin spot ETF experienced a net inflow of $329 million in a single day, marking five consecutive days of net inflows.
Among them, BlackRock's iShares Bitcoin ETF IBIT topped the list with a net inflow of $287 million in a single day, accumulating a total net inflow of $46.15 billion;
Next is Fidelity's Bitcoin ETF FBTC, with a single-day net inflow of $23.26 million, accumulating a total net inflow of $11.81 billion.
Ark & 21 Shares Bitcoin ETF ARKB, Grayscale Bitcoin Trust ETF BTC, and Bitwise Bitcoin ETF BITB reported net inflows of $6.36 million, $6.16 million, and $5.78 million, respectively, in a single day.
Currently, the total net asset value of Bitcoin spot ETFs is $126.8 billion, accounting for 5.97% of Bitcoin's market capitalization, with a total net inflow of $42.77 billion.
On the same day, the Ethereum spot ETF recorded a total net inflow of $64.89 million in a single day, marking three consecutive days of net inflows.
Among them, BlackRock's iShares Ethereum ETF ETHA had a net inflow of $45.04 million in a single day, with a current total net inflow of $4.32 billion.
Fidelity's Ethereum ETF FETH recorded a net inflow of $19.85 million in a single day, with a current total net inflow of $1.43 billion.
Currently, the total net asset value of Ethereum spot ETFs is $8.7 billion, accounting for 2.87% of Ethereum's market capitalization, with a total net inflow of $2.59 billion.
Overall, the current market shows distinct bullish characteristics. The continuous inflow of funds into Bitcoin and Ethereum spot ETFs, along with a decline in exchange reserves, releases strong bullish signals. However, the cryptocurrency market presents both opportunities and challenges, and investors should remain cautious, rationally analyze the market, and proceed steadily within it.
