The US Bitcoin spot ETF saw a net inflow of $1.07 billion last week, while the Ethereum ETF recorded a net inflow of $528 million
On June 15, according to SoSoValue data, the US Bitcoin spot ETF had a total net inflow of $1.07 billion last week (from June 9 to 13), significantly exceeding the total net outflow of the previous two weeks, indicating strong demand for Bitcoin in the ETF market.
Among them, BlackRock's iShares Bitcoin ETF IBIT topped the list with a net inflow of $877 million last week, accumulating a total net inflow of $49.53 billion; followed by Bitwise Bitcoin ETF BITB, which had a net inflow of $67.95 million last week, with a total net inflow of $2.04 billion; closely followed by Fidelity's Bitcoin ETF FBTC, which saw a net inflow of $54.74 million last week, accumulating a total net inflow of $11.49 billion.
As of now, the total net asset value of Bitcoin spot ETFs is $127.96 billion, accounting for 6.1% of Bitcoin's total market value, with a cumulative total net inflow of $45.61 billion.
In the same week, the Ethereum spot ETF had a net inflow of $528 million, marking five consecutive weeks of net inflows.
Among them, BlackRock's iShares Ethereum ETF ETHA led the inflow chart with a single-week net inflow of $381 million last week, bringing its cumulative net inflow total to $5.24 billion.
Next is Fidelity's Ethereum ETF FETH, which achieved a net inflow of $78.49 million last week, currently accumulating a total net inflow of $1.59 billion.
Meanwhile, Grayscale's Ethereum Mini Trust ETF ETH ranked third with a net inflow of $40.57 million last week, currently totaling nearly $735 million in cumulative net inflows.
As of now, the total net asset value of Ethereum spot ETFs is $10.03 billion, accounting for 3.26% of Ethereum's total market value, with a cumulative total net inflow of $3.85 billion.
In summary, the strong fund inflows into US Bitcoin spot ETFs and Ethereum ETFs highlight that cryptocurrency ETFs, as a convenient tool for investing in cryptocurrencies, are increasingly favored by more investors.
Therefore, we have reason to believe that as mainstream cryptocurrencies like Bitcoin and Ethereum continue to attract more fund inflows, they will bring new vitality to the market.
