Bitcoin spot ETF experienced its first net outflow of the year on Tuesday, with a total outflow of $243 million, while Ethereum spot ETF saw a net inflow of $115 million on the same day.



According to the latest data, among last Tuesday's BTC spot ETFs, Fidelity's FBTC product saw the largest outflow—$312 million in a single day, equivalent to about 3,380 Bitcoins. Despite the significant outflows, FBTC's cumulative net inflow remains as high as $12.08 billion.

Grayscale's GBTC and BTC products followed closely, recording single-day net outflows of $83.07 million and $32.73 million respectively. In contrast, Ark&21Shares' ARKB and VanEck's HODL experienced net inflows of $29.47 million and $14.38 million.

Most interestingly, BlackRock's IBIT defied the trend of outflows among many products, with a single-day net inflow of nearly $229 million (about 2,470 BTC), becoming the only Bitcoin spot ETF to achieve a net inflow on that day. As of now, IBIT's total net inflow has reached $62.98 billion, making it a major market magnet.

Overall, the total net asset value of Bitcoin spot ETFs is currently $120.85 billion, accounting for 6.54% of Bitcoin's total market cap, with a cumulative net inflow of $57.54 billion since launch.

Looking at Ethereum spot ETFs, the situation is much more optimistic. On the same day, Ethereum spot ETFs absorbed a total of $115 million in funds, marking the third net inflow trading day of the year.

Among them, BlackRock's ETHA performed the strongest, with a single-day net inflow of nearly $199 million, equivalent to 61,360 ETH. Its cumulative net inflow has now reached $12.92 billion. 21Shares' TETH and Bitwise's ETHW also recorded net inflows, amounting to $1.62 million and $1.39 million respectively.

However, it is worth noting that although Ethereum spot ETFs overall showed net inflows, Grayscale's ETHE and ETH products, as well as Fidelity's FETH, still experienced net outflows. Grayscale's two products had a single-day outflow of $53 million, and Fidelity's FETH outflow was $32.45 million.

The total net asset value of Ethereum spot ETFs is currently $20.06 billion, accounting for 5.13% of Ethereum's total market cap, with a cumulative net inflow of $12.79 billion.
BTC0,55%
ETH-0,56%
ETHW1,12%
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MentalWealthHarvestervip
· 01-08 06:56
BlackRock is secretly eating up again, while Grayscale keeps bleeding out.
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MiningDisasterSurvivorvip
· 01-08 04:56
BlackRock is just bloodsucking. While others are fleeing, it's there picking up the slack.
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SerumSquirtervip
· 01-07 09:56
IBIT is so powerful, with a net inflow of 229 million in one day, directly surpassing other products. BlackRock's approach is truly brilliant. ETH surprisingly still can rise, feels like a bullish signal? Grayscale is still bleeding continuously. When will it turn around? BTC outflows are indeed interesting, but with FBTC's 120 billion market cap, there's no need to panic. Ethereum's upward momentum seems to be more aggressive than Bitcoin. What's going on?
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rugpull_survivorvip
· 01-07 09:55
BlackRock's move is truly impressive, with IBIT and ETHA both attracting funds against the trend. This is the real play of major institutions. Grayscale's recent outflows are a bit harsh; it seems institutions are switching. The current penetration rate is only 6.54%, still too low, there's more room to grow. Does ETH now seem more popular than BTC? This signal doesn't feel quite right. Fidelity's FBTC outflow of 312 million, but the total still reaches 120.8 billion. Does everyone really have confidence?
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PoetryOnChainvip
· 01-07 09:45
BlackRock's recent IBIT and ETHA bottom-fishing operations are really impressive. Vanguard has single-handedly supported the entire market. Grayscale is too disappointing; why has it been bleeding continuously? Wait, Fidelity has so much outflow, yet it's still alive? No wonder they say institutions are accumulating at low levels. This data seems to need a correction. Is Ethereum still breaking new lows? I'm a bit numb to it. IBIT's ability to attract funds is terrifying, one can fight against eight. It feels like big players are quietly switching hands.
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BottomMisservip
· 01-07 09:43
BlackRock is really awesome, IBIT is so good at attracting funds, no wonder Grayscale got hammered
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BetterLuckyThanSmartvip
· 01-07 09:38
BlackRock's move is truly brilliant, grabbing IBIT and ETHA all at once. The counter-cyclical money-making rhythm is just steady. Why is Grayscale so miserable? Being beaten badly, really. Bitcoin outflows and Ethereum inflows? This rhythm is quite interesting. IBIT with a scale of 62.9 billion directly crushes the entire field. Fidelity is also quite capable, exiting with 312 million quickly, but they have a strong foundation. I'm really optimistic about Ethereum's current momentum. BlackRock's moat is deep; big funds just love to follow it.
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