đ Massive $524M Surge into Bitcoin Spot ETFs! đ°
According to data from SoSoValue, Bitcoin spot ETFs saw a huge net inflow of $524 million yesterday â a strong signal of renewed investor confidence in the crypto market! đą
đ BlackRockâs IBIT led the charge once again, attracting an impressive $224 million in a single day. Its total historical inflows have now climbed to a staggering $64.54 billion!
đ„ Fidelityâs FBTC followed closely behind with $166 million in daily inflows, pushing its lifetime total to $12.17 billion.
đ Altogether, Bitcoin spot ETFs now hold $137.83 billion in assets, which accounts for 6.67% of Bitcoinâs total market cap. These funds have collectively seen $60.49 billion in total net inflows since launch â a massive achievement for institutional adoption. đ
đŹ Meanwhile, things looked quite different for Ethereum spot ETFs. The category faced $107 million in net outflows yesterday, with none of the nine ETFs recording gains.
đ The Grayscale Ethereum Mini Trust (ETH) took the hardest hit, losing $75.7 million in a single day, followed by BlackRockâs ETHA ETF, which saw $19.78 million flow out.
đ» Currently, Ethereum spot ETFs hold $22.47 billion in assets â around 5.42% of ETHâs total market cap.
âĄïž Bitcoin continues to attract the spotlight, while Ethereum investors seem to be taking a more cautious approach. #BTC #bitcoin
