Bitcoin ETF has seen a net outflow of funds for 3 consecutive days, while Ethereum ETF showed no fund movement yesterday.
On April 8, according to SoSoValue data, the Bitcoin spot ETF had a total net outflow of $109 million yesterday, marking three consecutive days of fund outflow.
Among them, Grayscale Bitcoin ETF GBTC had a net outflow of $74.01 million in a single day, with a cumulative outflow reaching $22.7 billion; Invesco Bitcoin ETF BTCO had a net outflow of $12.86 million.
In addition, WisedomTree's BTCW, VanEck's HODL, Valkyrie's BRRR, and Ark 21Shares' ARKB also experienced varying degrees of fund outflow.
As of now, the total net asset value of Bitcoin spot ETFs is $87.86 billion, accounting for 5.61% of Bitcoin's total market capitalization, with a cumulative net inflow of $35.96 billion.
On the same day, 9 Ethereum spot ETFs failed to continue the net outflow of funds from the previous 6 days, showing a 'zero flow' status yesterday.
As of now, the total net asset value of Ethereum spot ETFs is $5.26 billion, accounting for 2.78% of Ethereum's total market capitalization, with a cumulative net inflow of $2.36 billion.
In summary, the recent fund flow situation of Bitcoin and Ethereum spot ETFs may indicate that the cryptocurrency investment field is undergoing subtle adjustments. As for how they will develop in the future, whether to attract fund inflows again or continue the current trend, it is worth our continued attention.
