Bitcoin spot ETF saw net outflows for three consecutive days, with IBIT having the largest single-day outflow.

BTC1.7%
ETH1.03%

比特幣現貨ETF

According to SoSoValue data, in the U.S. on April 29 (U.S. Eastern Time), U.S. Bitcoin spot ETFs recorded a total net outflow of $138 million, marking net outflows for the third consecutive trading day. On the same day, U.S. Ethereum spot ETFs recorded a net outflow of $87.7256 million, with Fidelity (FETH) and BlackRock (ETHA) as the main sources of outflows.

Bitcoin spot ETF fund flow data (April 29)

比特幣現貨ETF資金流向

(Source: SoSoValue)

According to SoSoValue data, on April 29, U.S. Bitcoin spot ETFs recorded a total net outflow of $138 million, with net outflows for the third consecutive trading day.

The product with the largest net inflow on the day was Morgan Stanley ETF MSBT, with a single-day net inflow of $10.8149 million, bringing MSBT’s historical cumulative net inflows to $164 million. The product with the largest net outflow on the day was BlackRock ETF IBIT, with a single-day net outflow of $54.7251 million.

According to SoSoValue data as of the time of publication on April 30, the overall indicators for U.S. Bitcoin spot ETFs:

Total net asset value (NAV): $9.9267 billion

ETF net asset ratio (share of Bitcoin total market cap): 6.55%

Historical cumulative net inflows: $5.8073 billion

Ethereum spot ETF fund flow data (April 29)

According to SoSoValue data, on April 29, U.S. Ethereum spot ETFs recorded a total net outflow of $87.7256 million.

The product with the largest net outflow on the day was Fidelity ETF FETH, with a single-day net outflow of $48.3737 million, bringing FETH’s historical cumulative net inflows to $99.27B. BlackRock ETF ETHA recorded a net outflow of $37.0565 million on the day, and ETHA’s historical cumulative net outflows reached $92.6985 million.

According to SoSoValue data as of the time of publication on April 30, the overall indicators for U.S. Ethereum spot ETFs:

Total net asset value (NAV): $58.07B

ETF net asset ratio (share of Ethereum total market cap): 4.84%

Historical cumulative net inflows: $1.1939 billion

21Shares CEO: BTC ETF has absorbed nearly $2 billion since the beginning of the year

According to CoinDesk’s Public Keys program, 21Shares Chief Investment Officer Adrian Fritz said that Bitcoin spot ETFs have absorbed nearly $2 billion in funding year to date, with demand coming from retail investors, institutional investors, and hedge funds using arbitrage and options strategies. Fritz said that Bitcoin’s current daily trading volume is over $50 billion, and the ETF structure provides liquidity in both the primary and secondary markets, making the assets “suitable for institutional investors.”

FAQ

What was the net outflow amount of Bitcoin spot ETFs on April 29 (U.S. Eastern Time)?

According to SoSoValue data, on April 29, U.S. Bitcoin spot ETFs recorded a total net outflow of $138 million, marking net outflows for the third consecutive trading day.

On April 29, which Bitcoin spot ETF saw the largest net outflow? Which saw the largest contrarian net inflow?

According to SoSoValue data, the ETF with the largest net outflow on the day was BlackRock’s IBIT, with a single-day net outflow of $54.7251 million; the ETF with the largest contrarian net inflow was Morgan Stanley’s MSBT, with a single-day net inflow of $10.8149 million.

As of April 30, what is the overall size of U.S. Bitcoin spot ETFs?

According to SoSoValue data as of the time of publication, U.S. Bitcoin spot ETFs have total net asset value of $9.9267 billion, an ETF net asset ratio of 6.55%, and historical cumulative net inflows of $5.8073 billion.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

U.S. Spot Bitcoin ETFs See $137.75M in Net Outflows on April 29, Extending Three-Day Withdrawal Streak

U.S. spot Bitcoin ETFs recorded $137.75 million in net redemptions on April 29, extending a three-day streak of outflows. The withdrawals mark a shift in short-term institutional positioning following a strong April, which saw more than $2.4 billion in net inflows to Bitcoin funds overall.

GateNews36m ago

Ark Invest Buys 500K+ Robinhood Shares Amid Crypto Recovery Bets

Cathie Wood's Ark Invest purchased over 500,000 shares of Robinhood on Wednesday, joining analysts who expect a surge in April trading activity to offset recent earnings disappointment. The investment reflects confidence among major market participants that the crypto trading platform's recent slump

CryptoFrontier2h ago

Bitcoin Spot ETFs See $147.58M Net Inflows Yesterday, First Gain in 4 Days

According to Foresight News, Bitcoin spot ETFs recorded net inflows of $147.578 million yesterday (April 30, U.S. Eastern Time), marking the first net inflow day in the past four days, according to SoSoValue data. Fidelity's FBTC led with $266.12 million in daily net inflows, bringing its

GateNews4h ago

Ethereum Spot ETFs See $236.43M in Net Outflows Yesterday, Fourth Consecutive Day of Losses

According to ChainCatcher, Ethereum spot ETFs saw net outflows of $236.43 million yesterday (April 30), marking the fourth consecutive day of losses. BlackRock's Staked ETH ETF (ETHB) led inflows with $29.10 million, bringing its historical net inflows to $70.82 million. BlackRock's ETF (ETHA)

GateNews6h ago
Comment
0/400
No comments