Bitcoin spot ETF had a net inflow of $1.47 million yesterday, and Ethereum ETF had a net outflow of funds for 5 consecutive days
According to SoSoValue data, Bitcoin spot ETF had a total net inflow of $1.47 million yesterday, the first day of net inflow after 7 consecutive days of net outflow.
Among them, BlackRock's Bitcoin ETF IBIT had a net inflow of $36.72 million in a single day, and IBIT currently has a cumulative net inflow of $39.6 billion.
However, Fidelity's Bitcoin ETF FBTC had a net outflow of $35.25 million in a single day yesterday, and FBTC currently has a cumulative net inflow of $11.37 billion. It is worth noting that the other 10 Bitcoin ETFs did not see any capital flow on that day.
As of now, the total net asset value of Bitcoin spot ETF is $94.69 billion, accounting for 5.62% of the total market value of Bitcoin, and the cumulative total net inflow has reached $35.36 billion.
On the same day, the Ethereum spot ETF had a total net outflow of $5.98 million, recording a net outflow of funds for 5 consecutive days.
Among them, the Fidelity Ethereum spot ETF FETH had a net outflow of $7.78 million in a single day, and the current cumulative net inflow of FETH has reached $1.36 billion.
However, 21Shares' Ethereum ETF CETH recorded a net inflow of $1.8 million in a single day, and the current total net inflow of CETH has reached $15.14 million.
As of now, the total net asset value of the Ethereum spot ETF is $5.47 billion, accounting for 2.77% of the total market value of Ethereum, and the cumulative total net inflow has reached $2.27 billion.
Conclusion:
In summary, the Bitcoin ETF ushered in the first day of capital reflux after experiencing continuous net outflows, while the Ethereum ETF continued to face the pressure of continuous capital outflow. This differentiation may reflect the market's different expectations for the future trends of Bitcoin and Ethereum.
However, while investor confidence in Bitcoin appears to have recovered and Ethereum remains cautious, market uncertainty remains.
