Bitcoin Spot ETF saw a net outflow of $268 million yesterday, while Ethereum ETF had a net inflow of $78.17 million
On June 3, according to SoSoValue data, the Bitcoin Spot ETF had a total net outflow of nearly $268 million on Monday, marking three consecutive trading days of net outflows.
Among them, Blackrock's Bitcoin ETF IBIT topped the daily net outflow list with a net outflow of $130 million yesterday, currently accumulating a net inflow of $48.44 billion.
Following closely is Ark & 21 Shares Bitcoin ETF ARKB with a daily net outflow of $73.91 million, accumulating a net inflow of $2.37 billion.
Fidelity's Bitcoin ETF FBTC and Grayscale's Bitcoin Trust ETF GBTC recorded daily net outflows of $50.11 million and $16.47 million respectively, with FBTC's cumulative net inflow at $11.56 billion and GBTC's cumulative net outflow at $23.23 billion.
Notably, Bitwise's BITB is the only Bitcoin ETF with a net inflow on that day, with a daily net inflow of $3.41 million, currently accumulating a net inflow of $1.96 billion.
As of now, the total net asset value of Bitcoin Spot ETFs is $125.47 billion, accounting for 6.07% of Bitcoin's total market capitalization, with a cumulative total net inflow of $44.1 billion.
On the same day, the Ethereum Spot ETF had a total net inflow of $78.17 million, recording 11 consecutive trading days of net inflows.
Among them, Blackrock's Ethereum ETF ETHA had a daily net inflow of $48.4 million, accumulating a net inflow of $4.65 billion; Fidelity's Ethereum ETF FETH had a daily net inflow of $29.78 million, accumulating a net inflow of $1.54 billion.
As of now, the total net asset value of Ethereum Spot ETFs is $9.37 billion, accounting for 3.06% of Ethereum's total market capitalization, with a cumulative total net inflow of $3.12 billion.
In summary, the difference in the fund flow between the Bitcoin Spot ETF's three-day net outflow and the Ethereum ETF's eleven-day net inflow may indicate adjustments in investor strategies in the cryptocurrency market and their judgments on the prospects of different assets.
As two dominant forces in the crypto market, the fund fluctuations of their ETFs are worth paying attention to, as they are not only a barometer of market sentiment but may also be leading indicators of market trends.
