The U.S. Bitcoin spot ETF has seen net inflows for 5 consecutive days, and the Ethereum spot ETF has seen net outflows for 12 consecutive days

On March 21, according to SoSoValue data, the Bitcoin Spot ETF saw a total net inflow of nearly $166 million yesterday, recording a continuous net inflow of funds for 5 days.

Among them, the Ryder Bitcoin ETF IBIT had the highest net inflow, with a net inflow of 172 million USD yesterday, bringing the cumulative net inflow to 39.67 billion USD. Next is the VanEck ETF HODL, with a single-day net inflow of 11.9 million USD and a cumulative net inflow of 844 million USD.

The Bitwise Bitcoin ETF BITB had the highest outflow in a single day, with a net outflow of 11.9 million USD yesterday, bringing the total net inflow to 844 million USD.

As of now, the total net asset value of Bitcoin spot ETF is $94.47 billion, accounting for 5.63% of Bitcoin's market value, with a historical cumulative net inflow of $35.97 billion.

On the same day, Ethereum Spot ETF had a total net outflow of 12.41 million dollars, achieving a continuous net outflow of funds for 12 days.

Among them, BlackRock's Ethereum ETF ETHA had the highest single-day outflow, with a net outflow of 8.96 million dollars yesterday, totaling a net inflow of 4.09 billion dollars. The second is Fidelity's Ethereum ETF FETH, which had a single-day net outflow of 3.45 million dollars, with a cumulative net inflow of 1.41 billion dollars.

As of now, the total net asset value of Ethereum spot ETFs is $6.789 billion, accounting for 2.84% of Ethereum's market capitalization, with a cumulative total net inflow of $2.44 billion.

Conclusion:

The Bitcoin Spot ETF has seen a net inflow of funds for 5 consecutive days, demonstrating strong market confidence in Bitcoin, especially with BlackRock's IBIT showing particularly impressive performance. In contrast, the Ethereum Spot ETF has experienced a net outflow of funds for 12 consecutive days, reflecting a lack of short-term confidence among investors in Ethereum.

Does this divergence in capital flows mean that Bitcoin is consolidating its position as "digital gold" while Ethereum faces greater market challenges? Whether this trend will continue in the future is worth keeping an eye on.

What do you think about the divergence in fund flows for Bitcoin and Ethereum ETFs? Can Bitcoin's strength continue? How can Ethereum turn the situation around? Leave your comments in the discussion section!

#比特币 # Ethereum #ETF # capital flow