Bitcoin Spot ETFs See Massive Inflows, Ethereum ETFs See Outflows! Here's All the Data

Bitcoin spot ETFs recorded a total net inflow of $524 million yesterday, according to SoSoValue data. $524 Million Daily Inflows into Bitcoin Spot ETFs, Leading BlackRock IBIT BlackRock’s IBIT ETF made the highest inflow of the day; the fund led with a net inflow of $224 million in a single day, while IBIT’s total historical net inflow reached $64.54 billion. Fidelity's FBTC ETF came in second. FBTC saw $166 million in inflows in a single day, bringing the fund's total historical net inflows to $12.17 billion. The total asset value of Bitcoin spot ETFs is $137.83 billion, representing 6.67% of Bitcoin's total market capitalization. Furthermore, these ETFs have seen a historical total net inflow of $60.49 billion. Ethereum spot ETFs, on the other hand, painted a contrasting picture yesterday. During the same period, there were net outflows totaling $107 million, while none of the nine ETFs recorded net inflows. The biggest outflow was seen in the Grayscale Ethereum Mini Trust (ETH) fund, which lost $75.7 million in a single day. The BlackRock ETHA ETF came in second with a net outflow of $19.78 million. The total asset value of Ethereum spot ETFs is currently $22.47 billion, representing 5.42% of market capitalization. *This is not investment advice. Continue Reading: Bitcoin Spot ETFs See Massive Inflows, Ethereum ETFs See Outflows! Here's All the Data