💰Net inflow for three consecutive days! Bitcoin ETF continues to attract funds, and the inflow of Ethereum ETF has climbed step by step! 📈
According to the latest data from SoSoValue, the total net inflow of Bitcoin spot ETF yesterday was US$293 million, successfully achieving three consecutive days of net inflow of funds.
Among them, BlackRock's ETF IBIT led with a single-day net inflow of US$206 million, and its historical total net inflow reached US$27.39 billion. Fidelity's ETF FBTC ranked second with a single-day net inflow of US$33.52 million, and its historical total net inflow also reached US$10.76 billion.
Grayscale's ETF GBTC and Bitcoin Mini Trust ETF BTC had no net inflow/outflow on a single day, with a cumulative net outflow of US$20.19 billion and a net inflow of nearly US$542 million, respectively.
Currently, the total net asset value of Bitcoin spot ETFs is $78.91 billion, accounting for 5.21% of Bitcoin's market value, and the historical cumulative net inflow is $25.79 billion.
On the same day, Ethereum spot ETFs also performed strongly, with a total net inflow of $85.86 million, the third highest single-day net inflow in history.
Among them, BlackRock's ETF ETHA led with a single-day net inflow of $59.77 million, and the historical total net inflow reached $1.44 billion. Fidelity's ETF ranked second, with a single-day net inflow of $18.4 million and a historical total net inflow of $557 million.
At the same time, Grayscale's Ethereum Trust ETF ETHE and Ethereum Mini Trust ETF ETH had no single-day net inflow/outflow, with a cumulative net outflow of $3.14 billion and a net inflow of nearly $302 million, respectively.
Currently, the total net asset value of Ethereum spot ETFs is $8.27 billion, accounting for 2.34% of Ethereum's market value, and the historical cumulative net outflow is nearly $337 million.
In summary, the cryptocurrency ETF market remains bullish. At the same time, the inflow of funds into the Ethereum ETF has increased significantly and is showing a step-by-step growth trend. In addition, the market share of the Bitcoin market has dropped from 60% to 59% in the past few days. This may also mean that the overall performance of altcoins led by Ethereum will optimize Bitcoin in the future.
💬What do you think of the current trend of ETF fund inflows and its impact on the future trend of Bitcoin and Ethereum? Does this trend indicate a new wave of enthusiasm in the cryptocurrency market?
