The investment funds circulated in Bitcoin (BTC) and ETHEREUM (ETH) showed mixed feelings, as Bitcoin’s investment funds witnessed a weekly flow of $ 559 million, while ETHEREUM ETFS witnessed a more positive trend with a flow of $ 1.61 million.
Bitcoin Etf directions last week
According to Sosoverue data, ETF Spot ETF faced a net of $ 559 million last week (from February 18 to February 21, Easter).
Among the main players, Bitcoin’s investment funds with the largest weekly network flow Vaneck Bitcoin Etf Hodl, who recorded $ 4.13 million in flows. It is worth noting that the total net flow of Hodl during its date has now reached 871 million dollars.
Meanwhile, the ETF was the Bitcoin spot that suffered from the largest pure net flow is Fidelity Bitcoin ETF (FBTC), with a large weekly flow of $ 166 million. Nevertheless, FBTC has accumulated a total of $ 12.33 billion since its establishment.
Nowadays, the total value of net assets (NAV) of the Bitcoin spot was $ 110.80 billion. The percentage of the pure assets of ETF (calculated as a market value as a percentage of the total market value of Bitcoin) reached 5.88 %. In addition, the historical net cumulative flow of Bitcoin ETFS was $ 39.56 billion.
Ethereum ETF directions last week
On the other hand, Ethereum Spot ETF was a positive week, with a net flow of $ 1.61 million from February 18 to February 21, according to Sosovalue Data.
Ethereum Spot Etf with the largest weekly flow was Fidelity Ethereum ETF (FTH), which saw $ 26.32 million in flows. The total FTH flows now reached $ 1.54 billion.
However, Spot Ethereum ETF with the largest net flow is Trust Ethereum Trust (ETHE), which has seen an external flow of $ 15.79 million. In total, ETHE has seen a 4 billion dollar external flow since its launch.
Currently, the total value of ETHEREUM Spot ETF ETF 9.98 billion dollars, with ETF net assets at 3.14 %. The flow of net historic Ethereum funds for Ethereum is $ 3.15 billion.
Also read: Bitcoin counters above $ 97,000: Is $ 100,000 the next stop?
