The inflow of funds into Bitcoin spot ETFs and Ethereum ETFs in the United States continues to grow, with BlackRock's ETF performing notably well yesterday.
On May 24, according to SoSoValue data, the U.S. Bitcoin spot ETF recorded a total net inflow of $212 million in a single day, achieving net inflows for eight consecutive days.
Among them, BlackRock's iShares Bitcoin ETF IBIT topped the list with a net inflow of nearly $4.31 million in a single day, with a cumulative net inflow amounting to $47.98 billion; VanEck Bitcoin ETF HODL saw a net inflow of $17.72 million in a single day, with a cumulative net inflow of $930 million.
However, Grayscale's Bitcoin Trust ETF GBTC, Ark & 21Shares Bitcoin ETF ARKB, and Fidelity's Bitcoin ETF FBTC recorded net outflows of $89.17 million, $73.89 million, and $73.69 million, respectively, in a single day.
As of now, the total net asset value of Bitcoin spot ETFs is $131.39 billion, accounting for 6.11% of the total net asset value of Bitcoin, with a cumulative total net inflow of $44.53 billion.
On the same day, the Ethereum spot ETF recorded a total net inflow of $58.63 million in a single day, marking six consecutive days of net inflows.
Among them, BlackRock's iShares Ethereum ETF ETHA led with a net inflow of $52.84 million in a single day, currently accumulating a net inflow of $4.4 billion.
Grayscale's Ethereum Mini Trust ETF ETH had a net inflow of $5.79 million in a single day, with a cumulative net inflow of $661 million.
As of now, the total net asset value of Ethereum spot ETFs is $9.12 billion, accounting for 2.97% of the total net asset value of Ethereum, with a cumulative total net inflow of $2.76 billion.
It is worth noting that Bitcoin and Ethereum ETFs achieved a total net inflow of nearly $3 billion this week, reflecting not only the market's optimistic attitude towards the long-term growth potential of these two cryptocurrencies but also possibly providing momentum for the further development of the entire cryptocurrency market.
