BTC and ETH Spot ETFs See Over $800 Million Net Outflow on Wednesday

On May 28, according to the latest data from SoSovalue, the US BTC spot ETF experienced a total net outflow of $733 million yesterday, marking the 8th consecutive day of net fund outflows;

Among them, BlackRock's IBIT, Grayscale's GBTC, and Fidelity's FBTC ranked in the top three for single-day net outflows, with nearly $528 million (approximately 7,050 BTC), nearly $105 million (about 1,400 BTC), and $60.3 million (805.23 BTC), respectively;

Next are Bitwise's BITB, Ark & 21Shares' ARKB, and Grayscale's BTC, which recorded daily net outflows of $17.48 million (233.46 BTC), $17.39 million (232.21 BTC), and $9.94 million (132.76 BTC), respectively;

Meanwhile, Morgan Stanley's MSBT experienced a single-day net inflow of $4.29 million (57.34 BTC), making it the only BTC ETF with net inflow yesterday;

As of now, the total net asset value of Bitcoin spot ETFs is $96.45 billion, accounting for 6.40% of Bitcoin's total market capitalization, with a cumulative net inflow of $56.02 billion.

On the same day, the US Ethereum spot ETF recorded a total net outflow of $67.15 million over 12 consecutive days; and yesterday, no ETH ETF experienced net inflow;

Among them, BlackRock's ETHA led the net outflows yesterday with $65.10 million (about 31,700 ETH), and ETHA has a total net inflow of $11.56 billion to date;

Next is Fidelity's FETH, which recorded a single-day net outflow of $2.05 million (996.49 ETH), with a total net inflow of $2.16 billion so far;

As of now, the total net asset value of Ethereum spot ETFs is $11.63 billion, accounting for 4.67% of Ethereum's total market cap, with a cumulative net inflow of $11.51 billion.

#比特币ETF #Ethereum ETF