💰On Monday, the total outflow of US BTC spot ETFs reached $284 million, while the Ethereum ETF had a total net outflow of $39.43 million in a single day.
According to the latest data from SoSoValue, the total net outflow amount for Bitcoin spot ETFs on Monday was $284 million, marking three consecutive days of net outflows.
In terms of outflows, Fidelity's Bitcoin spot ETF FBTC, Ark's ARKB ETF, Grayscale's GBTC ETF, and Bitwise's BITB ETF had net outflows of approximately $114 million, $92.36 million, $89.01 million, and $18.64 million, respectively, in a single day. Meanwhile, BlackRock's Bitcoin ETF IBIT experienced a net inflow of $29.46 million on the same day.
Currently, the total net asset value of Bitcoin spot ETFs is $105.05 billion, accounting for 5.67% of the total Bitcoin market cap, with a cumulative total net inflow of $35.93 billion.
On the same day, the total net outflow of Ethereum spot ETFs was $39.43 million, marking four consecutive days of net outflows.
In terms of outflows, Grayscale's Ethereum mini trust ETF ETH and its trust ETF ETHE had net outflows of $37.84 million and $14.49 million, respectively, in a single day. Conversely, BlackRock's Ethereum spot ETF ETHA saw a net inflow of $12.90 million on that day.
Currently, the total net asset value of Ethereum spot ETFs is $10.87 billion, accounting for 2.92% of the total Ethereum market cap, with a historical cumulative total net inflow of $2.41 billion.
This phenomenon reflects a cooling in market sentiment towards cryptocurrency investments, with institutional investors possibly adopting a cautious stance towards the current market environment. Investors should closely monitor market dynamics and rationally analyze potential fluctuations in various asset prices.
