Bitcoin spot ETFs have seen a net outflow of funds for 3 consecutive days, while Ethereum spot ETFs have experienced a net inflow for 14 days in a row.
On July 24, according to SoSoValue data, the U.S. Bitcoin spot ETF recorded a total net outflow of $85.96 million yesterday, marking 3 consecutive days of net outflows.
Among them, Fidelity Bitcoin spot ETF FBTC topped the list with a net outflow of $227 million yesterday, and currently, FBTC has a cumulative net inflow of $12.32 billion;
Meanwhile, Ark & 21shares Bitcoin ETF ARKB and Bitwise Bitcoin ETF BITB recorded respective net outflows of $9.84 million and $1.93 million in a single day.
It is noteworthy that BlackRock Bitcoin ETF IBIT and Grayscale Bitcoin Trust ETF BTC recorded net inflows of $143 million and $10.49 million respectively in a single day.
As of now, the total net asset value of Bitcoin spot ETFs is $153.25 billion, accounting for 6.53% of the total Bitcoin market capitalization, with a cumulative net inflow of $54.47 billion.
On the same day, the Ethereum spot ETF, however, saw a net inflow of nearly $332 million yesterday, achieving a continuous net inflow for 14 days.
Among them, BlackRock Ethereum ETF ETHA ranked first with a single-day net inflow of nearly $32,500, and currently, ETHA has a cumulative net inflow of $8.91 billion.
Meanwhile, VanEck Ethereum ETF ETHV and Fidelity Ethereum ETF FETH recorded respective net inflows of $3.95 million and $3.59 million in a single day.
As of now, the total net asset value of Ethereum spot ETFs is $19.68 billion, accounting for 4.57% of the total Ethereum market capitalization, with a cumulative net inflow of $8.65 billion.
In summary, the consecutive 14-day net inflow of funds into Ethereum spot ETFs and the daily total inflow amount consistently exceeding that of Bitcoin spot ETFs reflect a market reassessment of the long-term value of the Ethereum ecosystem.
