#Bitcoin ETF inflows hit $1.9 billion#
Hot Topic Overview
Overview
Last week (January 13 - 17, Eastern Time), Bitcoin spot ETFs saw a total net inflow of $1.96 billion, with BlackRock's Bitcoin ETF IBIT leading the pack with a net inflow of $746 million for the week. Ethereum spot ETFs saw a total net inflow of $212 million last week, with BlackRock's Ethereum ETF ETHA leading the pack with a net inflow of $151 million. As of now, the total net asset value of Bitcoin spot ETFs is $121.28 billion, with an ETF net asset ratio (market capitalization compared to the total market capitalization of Bitcoin) of 5.85%, and a total historical net inflow of $38.18 billion. The total net asset value of Ethereum spot ETFs is $12.662 billion, with an ETF net asset ratio (market capitalization compared to the total market capitalization of Ethereum) of 2.99%, and a total historical net inflow of $2.665 billion.
Ace Hot Topic Analysis
Analysis
Recently, inflows into Bitcoin spot ETFs have continued to grow, with net inflows of $1.96 billion last week alone. Of this, BlackRock's Bitcoin ETF IBIT saw net inflows of $746 million, topping the list. As of now, the total net asset value of Bitcoin spot ETFs is $121.28 billion, with the ETF net asset ratio (market capitalization as a percentage of total Bitcoin market capitalization) reaching 5.85%, and cumulative net inflows reaching $38.18 billion. It is worth noting that Grayscale's Bitcoin Trust GBTC saw net outflows of $87.68 million last week, with total net outflows reaching $21.65 billion. This indicates that investors are increasingly favoring Bitcoin ETF products from large institutions like BlackRock, while their interest in traditional crypto asset management institutions like Grayscale is declining. In addition, Ethereum spot ETFs saw net inflows of $212 million last week, with BlackRock's Ethereum ETF ETHA seeing net inflows of $151 million, topping the list. This indicates that Ethereum ETFs are also attracting a significant amount of inflows, and investor confidence in Ethereum is steadily increasing.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin spot ETFs saw net inflows of $1.96 billion last week, showing continued institutional interest in cryptocurrencies.
BlackRock's Bitcoin ETF IBIT saw net inflows of $746 million last week, making it the largest inflow among Bitcoin spot ETFs.
Ethereum spot ETFs saw net inflows of $212 million last week, with BlackRock's Ethereum ETF ETHA seeing inflows of $151 million, making it the largest.
Grayscale's Bitcoin Trust GBTC and Ethereum Trust ETHE continue to see net outflows, which may reflect investor concerns about Grayscale's management.