Bitcoin spot ETFs saw net inflows for the fifth consecutive day, while Ethereum ETFs saw net inflows for the 19th consecutive day. According to SoSoValue data, US Bitcoin spot ETFs saw net inflows of $47.04 million yesterday, marking their fifth consecutive day of net inflows. BlackRock's Bitcoin spot ETF (IBIT) led the list with a net inflow of $34.37 million yesterday, bringing IBIT's cumulative net inflows to $57.58 billion. The next highest was the Bitwise Bitcoin spot ETF (BITB), which saw a net inflow of $12.66 million yesterday and has now seen a net inflow of $230,000. 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 net inflow of $55.11 billion. On the same day, Ethereum spot ETFs recorded a 19-day streak of net inflows, with a total daily net inflow of nearly $5.79 million. Of these, BlackRock's Ethereum spot ETF (ETHA) saw a net inflow of $20.29 million yesterday, bringing ETHA's cumulative net inflow to $9.72 billion. GrayScale's Ethereum spot ETF (ETHE) saw a net inflow of $7.77 million, bringing ETHE's cumulative net outflow to $4.3 billion. Fidelity's FETH, on the other hand, saw a net outflow of $22.77 million, bringing FETH's cumulative net inflow to $2.27 billion. 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 net inflow of $9.62 billion. In summary, while BlackRock's IBIT and ETHA continue to lead in daily net inflows, overall net inflows are declining, potentially signaling a cooling of market enthusiasm for these products or a cautious wait-and-see approach by investors. #BitcoinETF #EthereumETF #ETFFlows
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