The Bitcoin Spot ETF saw a net inflow of $609 million yesterday, while the Ethereum Spot ETF recorded a net inflow of $587,100.
On May 22, according to SoSoValue data, the US Bitcoin Spot ETF had a single-day net inflow of $609 million, marking six consecutive days of net inflows.
Among them, BlackRock's iShares Bitcoin ETF IBIT topped the list with a net inflow of nearly $53.1 million in a single day, with a cumulative net inflow of $46.68 billion;
Fidelity's Bitcoin ETF FBTC had a single-day net inflow of $23.53 million, with a cumulative net inflow of $11.83 billion; Grayscale's Bitcoin Mini Trust ETF BTC had a single-day net inflow of $22.14 million, with a cumulative net inflow of $1.38 billion; Bitwise Bitcoin ETF BITB had a single-day net inflow of $20.49 million, with a cumulative net inflow of $2.06 billion;
Meanwhile, VanEck Bitcoin ETF HODL, Ark & 21 Shares Bitcoin ETF ARKB, and Valkyrie Bitcoin ETF HODL recorded net inflows of $6.09 million, $4.29 million, and $1.83 million, respectively, in a single day.
As of now, the total net asset value of Bitcoin Spot ETFs is $129.02 billion, accounting for 6% of Bitcoin's market value, with a cumulative total net inflow of $43.38 billion.
On the same day, the Ethereum Spot ETF had a total net inflow of $587,100, marking four consecutive days of net inflows.
Among them, BlackRock's iShares Ethereum ETF ETHA had a single-day net inflow of $24.86 million, with a current cumulative net inflow of $4.35 billion.
However, Fidelity's Ethereum ETF experienced a net outflow of $24.28 million in a single day, with a cumulative net inflow of $1.4 billion.
As of now, the total net asset value of the Ethereum Spot ETF is $8.74 billion, accounting for 2.88% of Ethereum's market value, with a cumulative total net inflow of $2.59 billion.
Conclusion:
The Bitcoin Spot ETF continues to attract strong capital, indicating institutional investors' sustained optimism towards BTC; in contrast, the Ethereum Spot ETF, despite also recording continuous net inflows, is significantly smaller in scale compared to Bitcoin, reflecting a relatively cautious market sentiment towards altcoins. This difference in capital flow may have a lasting impact on price volatility and the overall development trend of the cryptocurrency market.
