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Bitcoin vs. Ethereum: ETF Market Records Mixed Results as Daily Outflows and Gains Compete
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Bitcoin vs. Ethereum: ETF Market Records Mixed Results as Daily Outflows and Gains Compete

Crypto News Land
By Crypto News Land
Created 3 months ago, last updated 3 months ago
4 mins read
Bitcoin vs. Ethereum: ETF Market Records Mixed Results as Daily Outflows and Gains Compete
  • Bitcoin ETFs faced a daily net outflow of -$389.60M, with GBTC and FBTC leading declines.
  • Ethereum ETFs recorded a daily outflow of -$55.41M, with Grayscale’s ETHE showing the largest decline at -$17.36M.
  • Positive daily percentage changes for Ethereum ETFs ranged from +1.75% to +1.90%, despite overall outflows.

According to a recent update by SoSoValue as of December 30, the daily total net inflow of Bitcoin ETFs recorded a decline of -$389.60 million, while the cumulative total net inflow stood at $35.27 billion. Total net assets reached $106.24 billion, equivalent to 5.68% of Bitcoin’s market cap.

Bitcoin ETFs Record Heavy Outflows: GBTC, FBTC Under Pressure

Grayscale's GBTC ETF led with net assets of $19.35 billion but saw a daily net outflow of -$134.50 million. Fidelity’s FBTC ETF followed with net assets of $18.99 billion, experiencing a daily net outflow of -$154.64 million. Ark & Co.'s ARKB ETF recorded $4.41 billion in net assets, with a daily net outflow of -$26.40 million.

Source: SoSoValue
Bitwise's BITB ETF reported $3.80 billion in net assets, with a daily net outflow of -$31.37 million. Grayscale's BTC ETF maintained $3.58 billion in net assets and reported a smaller outflow of -$31.73 million.

VanEck’s HODL ETF registered $1.30 billion in net assets, with zero inflows or outflows. Hashdex’s DEFI ETF showed a positive daily change of 0.23% and net assets of $14.97 million. Trading volumes across the ETFs displayed varying levels, with FBTC showing the highest trading volume of $444.93 million.

What About Ethereum ETFs?

Ethereum ETFs have not been spared as well, with a a daily total net inflow of -$55.41 million. The cumulative total net inflow stands at $2.62 billion, with total net assets reaching $12.27 billion, equivalent to 3.00% of Ethereum's market cap. The total value traded for the day amounts to $336.27 million.
Source: SoSoValue

Grayscale’s ETHE leads with $4.81 billion in net assets but recorded a daily net outflow of -$17.36 million. BlackRock’s ETHA follows with $3.64 billion in net assets and no net inflow or outflow during the period. Grayscale’s ETH ETF holds $1.60 billion in net assets, with a daily net outflow of -$13.75 million.

Fidelity's FETH ETF recorded a daily net inflow of $20.41 million, bringing its total net assets to $1.57 billion. Bitwise’s ETHW ETF has $412.01 million in net assets, while VanEck’s ETHV ETF stands at $149.47 million, with no notable inflow.

Other ETFs, such as Franklin’s EZET and Invesco’s QETH, showed smaller net assets of $42.66 million and $24.01 million, respectively. All ETFs displayed positive daily percentage changes ranging from +1.75% to +1.90%.

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