Latest data shows that the US Crypto Assets Spot ETF market is experiencing a wave of sustained capital inflow. On August 27, the Bitcoin Spot ETF attracted a total of $88.2 million in funds, marking the second consecutive day of net inflow.



Among the many Bitcoin ETF products, BlackRock's IBIT stands out with a net inflow of 45.34 million USD in a single day, firmly in first place. Following closely are Fidelity's FBTC and Grayscale's BTC, which attracted 14.52 million and 11.32 million USD, respectively. Products from Bitwise, Ark & 21 Shares, and VanEck also achieved substantial fund inflows.

It is worth noting that the total net asset value of Bitcoin Spot ETFs has reached $143.15 billion, accounting for 6.46% of Bitcoin's total market capitalization, with a cumulative net inflow of $54.11 billion. This data highlights the continued interest of institutional investors in Bitcoin.

At the same time, the Ethereum Spot ETF market also performed excellently. On that day, Ethereum ETF products attracted approximately $455 million in funds, maintaining a net inflow for four consecutive days. Among them, BlackRock's ETHA led again with a single-day net inflow of nearly $323 million. Fidelity's FETH and Grayscale's ETH and ETHE also recorded significant capital inflows.

As of now, the total net asset value of the Ethereum Spot ETF has reached $29.89 billion, accounting for 5.4% of the total market value of Ethereum, with a cumulative net inflow of $13.33 billion. This data reflects that investors' confidence in Ethereum is increasing.

It is worth noting that on that day of trading, there was no net capital outflow in all BTC and ETH ETF products. This positive signal may indicate a shift in the previous market adjustment trend. However, whether this means that the current market correction has bottomed out still requires time to verify.

Nonetheless, the continuous net inflow of funds has undoubtedly injected a strong dose of confidence into the market. Investors and analysts are closely monitoring the sustainability of this trend and its potential far-reaching effects on the entire Crypto Assets market. With the ongoing influx of institutional funds, the development prospects of the Crypto Assets ETF market seem increasingly bright.
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OnchainDetectivevip
· 08-30 06:56
Bull, large funds are quietly entering the market.
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GateUser-0717ab66vip
· 08-27 08:49
Retail investors are going to be played for suckers by Wall Street again, right?
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SchrodingerWalletvip
· 08-27 08:49
Be Played for Suckers的时候到了
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LiquidationWatchervip
· 08-27 08:35
The bull's return relies on institutions to take the lead.
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PancakeFlippavip
· 08-27 08:24
Hi there, big goose! Still enjoying the feast~
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