Bitcoin spot ETF has seen a net inflow of funds for the 9th consecutive day, while the Ethereum spot ETF has experienced a net outflow of funds for 2 days.
On March 27, according to SoSoValue data, the Bitcoin spot ETF recorded a total net inflow of $89.57 million yesterday, marking the 9th consecutive day of net inflows.
Among them, BlackRock's Bitcoin spot ETF IBIT had the highest net inflow, with a single-day net inflow of nearly $108 million, accumulating a historical total inflow of $39.94 billion; meanwhile, Bitwise's Bitcoin ETF BITB had a single-day net outflow of $18.32 million. The other 10 Bitcoin spot ETFs saw no fund movement for the day.
As of now, the total assets of Bitcoin spot ETFs reach $97.22 billion, accounting for 5.61% of the total BTC market capitalization, with a cumulative total net inflow of $36.25 billion.
On the same day, the Ethereum spot ETF experienced a total net outflow of $5.89 million, marking a continuous 2-day net outflow of funds.
Among them, Grayscale's Ethereum Trust ETF ETH had a single-day net outflow of $4.9 million, and Fidelity's Ethereum ETF FETH had a net outflow of $996,100.
So far, the total assets of the ETH spot ETF are $6.84 billion, accounting for 2.82% of the total ETH market capitalization, with a historical cumulative total net inflow of $2.41 billion.
The Bitcoin spot ETF has achieved net inflows for the 9th consecutive day, while the Ethereum spot ETF has seen net outflows for 2 consecutive days. This divergence trend may reflect investors' differing expectations for the short-term movements of the two.
What is your view on the current fund flows of Bitcoin and Ethereum spot ETFs? Do you think this is a temporary fluctuation in market sentiment, or does it indicate deeper market dynamics?