Bitcoin spot ETF lasts for 8 days, and Ethereum ETF is net inflow for 4 consecutive days
On April 30, according to SoSoValue data, the total net inflow of Bitcoin spot ETFs in a single day was US$173 million yesterday, achieving net inflow of funds for eight consecutive days.
Among them, Blackrock's IBIT was the only Bitcoin spot ETF that recorded net inflows yesterday for two consecutive days. Currently, the net inflow of IBIT in one day is US$217 million, with a cumulative net inflow of US$42.39 billion.
Bitwise Bitcoin spot ETF BITB, Ark & 21Shares Bitcoin ETF ARKB and Fidelity Bitcoin ETF FBTC recorded net outflows of US$24.39 million, US$13.32 million and US$6.24 million respectively in a single day.
As of now, the total net asset value of Bitcoin spot ETFs is US$110.17 billion, accounting for 5.85% of the total market value of Bitcoin, and the cumulative net inflow is US$39.2 billion.
On the same day, the total net inflow of Ethereum spot ETFs was US$18.4 million in a single day, recording a net inflow of funds for four consecutive days.
Among them, Fidelity Ethereum ETF FETH has a net inflow of US$25.52 million in a single-day manner, and the current cumulative net inflow of US$1.45 billion.
However, Grayscale Ethereum Trust ETF ETHE has seen a net outflow of US$7.12 million in a single day, and ETHE has currently cumulative net outflow of US$4.28 billion.
As of now, the total net asset value of Ethereum spot ETFs is US$6.3 billion, accounting for 2.89% of Ethereum's total market value, and the cumulative total net inflow is US$2.48 billion.
Taken together, these data show that the market's confidence in Bitcoin and Ethereum is still increasing. However, the performance of different funds also varies, such as in addition to BlackRock's strong performance, some funds have experienced outflows. This differentiation also reflects the complexity of the market.
#Bitcoin ETF #Ethereum ETF #Fund flow