Spot Bitcoin and Ethereum ETFs traded in the US recorded strong capital inflows, indicating continued investor interest. According to SoSoValue data, spot Bitcoin ETFs saw a total net inflow of $232 million, marking the eighth consecutive day of net money inflows into the funds.
BlackRock’s IBIT fund recorded the highest daily capital inflow among Bitcoin ETFs. With a net inflow of $201 million, IBIT’s historical total net inflows reached $63.121 billion. Grayscale’s Bitcoin Mini Trust ETF, BTC, came in second with an inflow of $46.83 million. The fund’s cumulative net inflow rose to $2.846 billion.
In contrast, Grayscale experienced a net outflow of $50.39 million from its GBTC fund. The total net outflow from GBTC since its inception has reached $27.578 billion.
According to the data, the total net asset value of spot Bitcoin ETFs stands at $98.629 billion. ETFs account for 6.26% of the total Bitcoin market capitalization, while historical cumulative net inflows have reached $54.590 billion.
A similar picture emerged in Ethereum ETFs. Spot Ethereum ETFs saw a net inflow of $192 million on August 26th, continuing an eight-day streak of uninterrupted inflows.
The highest daily inflow into Ethereum funds was seen in BlackRock’s ETHA product. ETHA received a net capital inflow of $116 million, bringing the fund’s historical total net inflow to $12.523 billion. Grayscale’s Ethereum Mini Trust ETF also recorded an inflow of $34.67 million, bringing its total net inflow to $1.897 billion.
Spot Ethereum ETFs have a total net asset value of $15.127 billion, representing 5.07% of the total Ethereum market capitalization. Cumulative net inflows to the funds reached $12.638 billion.
Net inflows into Bitcoin and Ethereum ETFs for eight consecutive days indicate that institutional investor demand remains strong.
*This is not investment advice.