Spot Bitcoin ETFs and Ethereum ETFs: Key Inflows and Market Outlook
January 15 marked a pivotal day for Spot Bitcoin ETFs and Spot Ethereum ETFs, as both segments recorded significant inflows, signaling renewed investor confidence. After days of net outflows, both ETFs bounced back robustly, showcasing their crucial roles in the cryptocurrency investment landscape.
Spot Ethereum ETFs Surge with $59.78M Inflows
The Ethereum Spot ETF market experienced a total net inflow of $59.78 million on January 15, underscoring a strong recovery. Leading the surge was Fidelity’s spot ETH ETF (FETH), which recorded $29.32 million in inflows. Meanwhile, BlackRock’s spot Ether ETF (ETHA) contributed $19.85 million, and Grayscale’s Ethereum fund added $8.09 million.
As of January 15, the cumulative total net inflow for spot Ethereum ETFs stood at an impressive $2.47 billion, with total net assets reaching $12.25 billion, representing 2.96% of Ethereum’s market capitalization. The total value traded for these ETFs was $445.87 million.
At the same time, Ethereum’s market price surged 4.45%, trading at $3,370.65 with a market cap of $406.09 billion and a 24-hour trading volume of $26.19 billion.
Spot Bitcoin ETFs See Record $755M Inflows
The Bitcoin Spot ETF sector outpaced Ethereum in terms of daily inflows, recording a massive $755 million on January 15. This marked the first net inflow after four consecutive days of outflows. Fidelity’s Spot Bitcoin ETF (FBTC) led the recovery, contributing $463.08 million, followed by Ark Invest’s ARKB ETF with $138.81 million and Grayscale’s GBTC with $50.54 million.
Cumulatively, Bitcoin spot ETFs boast a total net inflow of $36.48 billion, with total net assets reaching $113.64 billion, which accounts for 5.76% of Bitcoin’s market capitalization. Total value traded was a notable $3.19 billion. At press time, Bitcoin’s price stood at $99,433.55 after a 2.60% intraday surge, with a market cap of $1.96 trillion and a 24-hour trading volume of $57.16 billion.
Bitcoin vs Ethereum: ETF Inflows and Market Outlook
The rebound of spot Ethereum ETFs and spot Bitcoin ETFs highlights the growing investor confidence in cryptocurrencies. While Bitcoin led the charge in absolute inflows, Ethereum’s growth in assets and its role in diversified portfolios also stood out.
Comparing Bitcoin Spot ETFs vs Ethereum Spot ETFs, Bitcoin currently dominates in terms of total inflows and assets under management. However, Ethereum’s smaller market share relative to Bitcoin suggests room for faster growth in the spot ETH ETF space.
The renewed interest in Spot ETFs indicates strong momentum for both assets, supported by major players like Fidelity, BlackRock, Ark Invest, and Grayscale. If inflows persist, the trend could lead to new highs for both Bitcoin and Ethereum in the ETF market, potentially influencing broader cryptocurrency adoption.
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