BTC and ETH spot ETFs see their first net inflow of the week, with total inflows across all crypto ETF categories reaching $287 million

On July 12, according to SosoValue data, US BTC spot ETFs recorded a net inflow of $197 million in their first week of fund flows this week—after seven consecutive weeks of net outflows for the 8th consecutive week;

Among them, BlackRock’s IBIT, Grayscale’s BTC, and Morgan Stanley’s MSBT ranked in the top three for this week’s net inflows, with nearly $292 million, $95.08 million, and $13.13 million respectively;

Next were VanEck HODL and Bitwise BITB, recording weekly net inflows of $8.97 million and $5.19 million respectively;

Meanwhile, Grayscale’s GBTC, Fidelity’s FBTC, and ARK & 21Shares’ ARKB saw weekly net outflows of $108 million, $93.34 million, and $15.39 million respectively;

As of now, the total net asset value of Bitcoin spot ETFs is $77.42 billion, accounting for 6.05% of Bitcoin’s total market cap, with cumulative total net inflows of $51.28 billion.

In the same week, US Ethereum spot ETFs recorded a net inflow of $84.42 million in their first week of fund flows this week as well—after seven consecutive weeks of net outflows for the 8th consecutive week;

Among them, BlackRock’s ETHA and Fidelity’s FETH topped and ranked second for this week’s net inflows, with $53.75 million and $37.48 million respectively;

Meanwhile, Bitwise ETHW, BlackRock ETHB, and VanEck ETHV recorded weekly net outflows of $2.75 million, $2.70 million, and $1.35 million respectively;

As of now, the total net asset value of Ethereum spot ETFs is $9.59 billion, accounting for 4.44% of Ethereum’s total market cap, with cumulative total net inflows of $10.97 billion.

Among other spot ETFs, in addition to XRP and LTC ETFs, which recorded total weekly net outflows of $7.18 million and nearly $430,000 respectively; SOL, LINK, HBAR, and HYPE, however, recorded total weekly net inflows of $0.93 million, $0.64 million, $1.01 million, and $10.36 million respectively.

#比特币ETF # Ethereum ETF