📈 Large-scale capital inflow observed in the US Bitcoin spot ETF and Ethereum ETF yesterday 💰
On February 5th, according to the latest data from SoSoValue, both the US Bitcoin and Ethereum spot ETFs experienced significant capital inflows yesterday. The total net inflow for the Bitcoin spot ETF reached nearly $341 million in a single day.
Among them, BlackRock's Bitcoin spot ETF IBIT saw a net inflow of $249 million in a single day; Ark Invest and 21Shares' ARKB had a net inflow of $56.12 million. Grayscale's GBTC recorded a net inflow of $19.54 million in a single day; while Bitwise's Bitcoin spot ETF BITB had a net inflow of $16.11 million in one day.
As of now, the total net asset value of the Bitcoin spot ETF is $116.04 billion, with a net asset ratio of 5.93%, and a historical total net inflow of $40.6 billion.
Meanwhile, the total net inflow for the Ethereum spot ETF was nearly $308 million, achieving a consecutive four days of net inflows. BlackRock's Ethereum spot ETF ETHA had a net inflow of $276 million in one day; Fidelity's FETH saw a net inflow of $27.47 million; Bitwise's Ethereum spot ETF ETHW had a net inflow of $4.14 million; while Grayscale's ETHE and ETH had no net inflow or outflow yesterday.
As of now, the total net asset value of the Ethereum spot ETF is $10.37 billion, with a net asset ratio of 3.15%, and a historical total net inflow of $3.15 billion.
In summary, the surge in capital inflows into the US Bitcoin and Ethereum spot ETFs indicates an increased confidence among investors in crypto assets and suggests that crypto assets are gradually becoming mainstream. However, the market still carries high volatility risks, and investors should remain clear-headed and make investment decisions prudently.
