Bitcoin ETF continues strong capital inflow, Ethereum ETF continues to have net capital outflow for 10 days
On March 19, according to SoSoValue data, Bitcoin spot ETF had a total net inflow of US$209 million yesterday, achieving a net inflow of funds for three consecutive days.
Among them, the Bitcoin spot ETF with the largest net inflow yesterday was BlackRock's ETF IBIT, with a net inflow of US$218 million per day. Currently, IBIT's total net inflow has reached US$39.5 billion. The Bitcoin spot ETF is Ark Invest&21Shares' ETF ARKB, which had a net outflow of US$9 million per day, and a cumulative net inflow of US$2.67 billion.
As of now, the total net asset value of Bitcoin spot ETF is US$91.97 billion, accounting for 5.65% of the total market value of Bitcoin, and the total net inflow has reached US$35.79 billion.
On the same day, the Ethereum spot ETF had a total net outflow of $52.82 million yesterday, achieving a net outflow of funds for 10 consecutive days.
Among them, Blackrock's Ethereum ETF ETHA had the largest outflow yesterday, with a net outflow of $40.17 million in a single day. Currently, ETHA has a cumulative net outflow of $4.11 billion.
The second is Grayscale's Ethereum Mini Trust ETF ETH, with a net outflow of $9.33 million in a single day and a cumulative net inflow of nearly $592 million. And Fidelity's Ethereum ETF FETH had a net outflow of $3.32 million in a single day and a cumulative net inflow of $1.42 billion.
As of now, the total net asset value of Ethereum spot ETF is $6.561 billion, accounting for 2.85% of Ethereum's total market value, and the historical cumulative total net inflow has reached $2.46 billion.
Conclusion:
In summary, Bitcoin spot ETFs have continued to see strong capital inflows, especially BlackRock's IBIT, which has performed well, with a single-day net inflow of up to $218 million, showing that the market's confidence in Bitcoin remains solid.
In contrast, Ethereum spot ETFs have continued to experience capital outflows, with net outflows for 10 consecutive days, reflecting investors' lack of short-term confidence in Ethereum.
Does this divergent trend mean that Bitcoin is consolidating its position as "digital gold" while Ethereum faces greater market challenges?
Can Bitcoin's strength continue? How can Ethereum turn the situation around? Share your views in the comments section!
