Bitcoin spot ETF has seen a net inflow of funds for 5 consecutive days; Ethereum ETF has sustained a net inflow for 19 days
On July 31st, according to SoSoValue data, the U.S. Bitcoin spot ETF recorded a single-day total net inflow of $47.04 million yesterday, marking a continuous net inflow for 5 days.
Among them, BlackRock's Bitcoin spot ETF IBIT had a single-day net inflow of $34.37 million yesterday, ranking first, with a cumulative net inflow of $57.58 billion for IBIT;
Next is the Bitwise Bitcoin spot ETF BITB, which saw a net inflow of $12.66 million yesterday, with a cumulative net inflow of $230,000 for BITB.
As of now, the total net asset value of Bitcoin spot ETFs is $151.36 billion, accounting for 6.49% of Bitcoin's total market capitalization, with a cumulative total net inflow of $55.11 billion.
On the same day, the Ethereum spot ETF recorded a single-day total net inflow of nearly $5.79 million, sustaining a net inflow for 19 days.
Among them, BlackRock's Ethereum spot ETF ETHA had a net inflow of $20.29 million yesterday, with a cumulative net inflow of $9.72 billion for ETHA;
Grayscale's Ethereum spot ETF ETHE had a single-day net inflow of $7.77 million, with a cumulative net outflow of $4.3 billion for ETHE;
Meanwhile, Fidelity's FETH recorded a single-day net outflow of $22.77 million, with a cumulative net inflow of $2.27 billion for FETH.
As of now, the total net asset value of Ethereum spot ETFs is $21.43 billion, accounting for 4.71% of Ethereum's total market capitalization, with a cumulative total net inflow of $9.62 billion.
In summary, although BlackRock's IBIT and ETHA continue to lead in single-day net inflows, the overall net inflow of funds shows a decreasing trend, which may indicate that the market's investment enthusiasm for these products is cooling down, or that investors are adopting a cautious wait-and-see attitude towards the current market.
