💸 The Bitcoin spot ETF in the US has seen a net outflow for 4 consecutive days, while the Ethereum spot ETF has experienced net outflows for 2 consecutive days.
On March 7, according to SoSoValue data, the Bitcoin spot ETF had a total net outflow of 134 million USD yesterday, marking 4 consecutive days of asset net outflows.
Among them, the top 6 net outflow amounts are as follows: BlackRock's Nasdaq-listed Bitcoin spot ETF IBIT had a single-day net outflow of 50.58 million USD, with a cumulative net inflow of 39.61 billion USD; Grayscale's Bitcoin trust ETF GBTC had a single-day net outflow of 34.51 million USD, with a cumulative net outflow of 22.38 billion USD. Franklin's Bitcoin ETF EZBC had a single-day net outflow of 18.05 million USD, with a cumulative net inflow of 299 million USD;
Ark21&shares' Bitcoin ETF ARKB had a single-day net outflow of 17.76 million USD, with a cumulative net inflow of 2.72 billion USD; VanEck's Bitcoin ETF HODL had a single-day net outflow of 8.18 million USD, with a cumulative net inflow of nearly 828 million USD; WisdomTree's Bitcoin ETF BTCW had a single-day net outflow of 5.19 million USD, with a cumulative net inflow of nearly 138 million USD. The other 6 Bitcoin spot ETFs did not see any capital flow yesterday.
As of now, the total net asset value of Bitcoin spot ETFs is 100.6 billion USD, accounting for 5.7% of Bitcoin's market value, with a cumulative total net inflow of 36.55 billion USD.
On the same day, the Ethereum spot ETF continued the outflow trend from the previous day, with a single-day total net outflow of 35.89 million USD.
Among them, BlackRock's Ethereum spot ETF ETHA had a single-day net outflow of 10.01 million USD, with a cumulative net inflow of 4.22 billion USD; Fidelity's Ethereum ETF FETH had a single-day net outflow of 25.88 million USD, with a cumulative net inflow of 1.48 billion USD; the other 7 Ethereum spot ETFs did not see any capital flow yesterday.
As of now, the total net asset value of Ethereum spot ETFs is 7.92 billion USD, accounting for 2.99% of Ethereum's market value, with a cumulative total net inflow of 2.72 billion USD.
In summary, the continuous net outflows from Bitcoin and Ethereum spot ETFs reflect the cautious sentiment in the market amid recent high volatility. Although mainstream ETFs like BlackRock's IBIT and Fidelity's FETH still maintain a relatively high cumulative net inflow, the short-term trend of capital outflow cannot be ignored. Meanwhile, as the macroeconomic environment and policy dynamics change, ETF capital flows may become an important barometer of market sentiment.
