The cryptocurrency market continued to be strong last week, with the price of Bitcoin stabilizing at $90,000, and the price of Ethereum falling but still above $3,000. Correspondingly, funds continued to flow into US cryptocurrency spot ETFs.
According to iChainfo Search data, the total amount of funds flowing into US Bitcoin spot ETFs in the past week was $1.67B, with net inflows being positive for six consecutive weeks.
In the past week, the total amount of funds flowing into the US Ethereum spot ETF was $515.17M, with net inflows being positive for three consecutive weeks.
In terms of total net assets, the Bitcoin spot ETF was $95.71B, reaching an all-time high, and the Ethereum spot ETF was $529.90M, a slight decline compared to the beginning of last week.
In terms of total trading volume, both Bitcoin spot ETF and Ethereum spot ETF have been steadily increasing, continuing to approach their historical highs shortly after the ETFs were launched.
By Auguste
