US BTC and ETH Spot ETFs Continue to Attract Capital, BlackRock Leads the Market in Daily Inflows
On August 27, according to SoSoValue data, the total net inflow of US Bitcoin spot ETFs yesterday was $88.2 million, marking two consecutive days of net capital inflows.
Among them, BlackRock's Bitcoin spot ETF IBIT topped the daily net inflow chart with $45.34 million yesterday, currently accumulating a net inflow of $58.17 billion;
Following closely is Fidelity's Bitcoin spot ETF FBTC, with a daily net inflow of $14.52 million, currently accumulating a net inflow of $11.8 billion;
Next is GrayScale's BTC, with a daily net inflow of $11.32 million, currently accumulating a net inflow of $1.73 billion;
Bitwise's BITB, Ark & 21 Shares' ARKB, and VanEck's HODL had daily net inflows of $9.05 million, $4.05 million, and $3.92 million, respectively.
As of now, the total net asset value of Bitcoin spot ETFs is $143.15 billion, accounting for 6.46% of Bitcoin's total market value, with a cumulative total net inflow of $54.11 billion.
On the same day, Ethereum spot ETFs recorded nearly $455 million yesterday, marking four consecutive days of net capital inflows.
Among them, BlackRock's Ethereum spot ETF ETHA also topped the daily net inflow chart with nearly $323 million, currently accumulating a net inflow of $12.79 billion;
Fidelity's Ethereum spot ETF FETH followed with a daily net inflow of $85.52 million, currently accumulating a net inflow of $2.83 billion;
GrayScale's ETH and ETHE recorded net inflows of $41.12 million and $5.31 million yesterday, respectively.
As of now, the total net asset value of Ethereum spot ETFs is $29.89 billion, accounting for 5.4% of Ethereum's total market value, with a cumulative total net inflow of $13.33 billion.
In summary, neither BTC ETF nor ETH ETF experienced a net outflow yesterday, coupled with the continuous daily net inflow phenomenon, seems to indicate that the trend of net outflows from last week is reversing.
Whether this trend means that the current round of market correction has ended? The answer may still require time to verify, but the positive signals from the market can no longer be ignored.
