Massive Outflows Continue from Bitcoin and Ethereum Spot ETFs! Here’s the Latest Data

Money flow in the cryptocurrency market, particularly in ETFs, continues unabated. According to on-chain and market data provider SoSoValue, there has been a net outflow of $204 million from Bitcoin spot ETFs.

The highest net inflow of the day was seen in VanEck’s HODL fund with $6.35 million, while the largest net outflow was recorded in BlackRock’s IBIT fund with $116 million.

According to current data, the total assets under management (AUM) of Bitcoin spot ETFs is approximately $80.74 billion. Cumulative net inflow is $53.81 billion, while the net asset ratio is calculated as 6.26 percent.

A similar picture emerged on the Ethereum side. On the same day, there was a total net outflow of $49.47 million from Ethereum spot ETFs. The largest outflow, $45.37 million, occurred in BlackRock’s ETHA fund.

ETHA’s historical total net inflow stands at $11.83 billion. VanEck’s ETHV fund, however, recorded a net outflow of $2.71 million; the fund’s total net inflow reached $173 million.

Ethereum spot ETFs have a total net asset value of $10.45 billion, representing 4.66% of Ethereum’s total market capitalization. Cumulative net inflow was recorded at $11.47 billion.

*This is not investment advice.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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