Capital flows into exchange-traded funds (ETFs) in the cryptocurrency market continue, with both Bitcoin and Ethereum-based spot ETFs recording consecutive net inflows.
According to SoSoValue data, Bitcoin spot ETFs saw a net inflow of $11.84 million on the April 21 US trading day, continuing a streak of positive flows for the sixth consecutive day.
The highest daily inflow was seen in the IBIT ETF managed by BlackRock. This fund recorded a net inflow of approximately $39.34 million in a single day, bringing its historical total net inflow to $64.9 billion. It was followed by the Bitcoin Mini Trust ETF offered by Grayscale, which also saw a daily inflow of $17.25 million. Conversely, Grayscale’s GBTC ETF was the product with the largest net outflow of the day, at $17.5 million.
In total, the net asset value of Bitcoin spot ETFs has reached approximately $99.08 billion, which is equivalent to 6.54% of Bitcoin’s total market capitalization. Cumulative net inflow has risen to $57.99 billion.
On the other hand, Ethereum spot ETFs also performed strongly. A total net inflow of $43.36 million was recorded on the same day, marking a nine-day uninterrupted inflow trend in this area. BlackRock’s ETHA ETF led with $37 million, while the ETHE fund experienced outflows of $12.13 million.
Ethereum spot ETFs have reached a total net asset value of $13.66 billion, with cumulative net inflows recorded at $12.05 billion. These figures indicate continued interest from institutional investors.
*This is not investment advice.