😲 Bitcoin ETF saw intensified capital outflows yesterday, while Ethereum ETF experienced net inflows for six consecutive days.

On February 7, according to SoSoValue data, the U.S. Bitcoin spot ETF faced capital outflows, with total net outflows reaching as high as $140 million yesterday.

Among them, Fidelity's Bitcoin ETF had a net outflow of $103 million in a single day, bringing its cumulative net inflow to $21.91 billion; Grayscale's Bitcoin ETF GBTC saw a single-day net outflow of $42.21 million, resulting in a staggering total net outflow of $21.906 billion. However, Grayscale's Bitcoin Mini Trust ETF BTC saw a contrary net inflow of $5.15 million, accumulating a total net inflow of $1.24 billion.

As of now, the total net asset value of Bitcoin spot ETFs has reached $113.51 billion, accounting for 5.91% of the total Bitcoin market, with a historical total net inflow of $40.53 billion.

On the same day, the U.S. Ethereum spot ETF showed a different picture, with a single-day total net inflow of $10.65 million, achieving six consecutive days of capital net inflows!

Among them, BlackRock's Ethereum ETF had a single-day net inflow of $10.65 million, bringing its cumulative net inflow to $4.42 billion; Grayscale's Ethereum Trust ETF ETHE and Ethereum Mini Trust ETF ETH both had a net outflow of $0.00, while ETHE's cumulative net outflow reached $3.93 billion.

As of now, the total net asset value of Ethereum spot ETFs is $10.29 billion, accounting for 3.14% of the Ethereum market value, with a cumulative total net inflow of $3.18 billion.

In summary, yesterday's ETF market capital flow indicates that despite small inflows into the Ethereum ETF, the overall performance of the spot market still appears weak. This seems to reflect that many investors are fearful due to the recent sharp decline and are stuck in a pessimistic mood, thus holding a cautious attitude toward whether the market can rebound quickly.

However, this unpredictable and uncertain capital flow is precisely what makes the market intriguing! The coming days will be crucial for Bitcoin to stop the outflow trend and for Ethereum to continue its capital-raising momentum!