TechFlow News: According to SoSoValue data, Bitcoin spot ETFs recorded net outflows of $1.328 billion this week (U.S. Eastern Time, January 19–23, 2025). The Bitcoin spot ETF with the largest net outflow this week was BlackRock’s IBIT, at $537 million; second was Fidelity’s FBTC, with net outflows of $451 million. As of now, total net assets of Bitcoin spot ETFs stand at $115.88 billion, representing a net asset ratio (i.e., ETF market value as a percentage of Bitcoin’s total market capitalization) of 6.48%. Cumulative net inflows since inception have reached $56.49 billion.
Ethereum spot ETFs recorded net outflows of $611 million this week. The Ethereum spot ETF with the largest net outflow was BlackRock’s ETHA, at $432 million; second was Fidelity’s FETH, with net outflows of $78.03 million. As of now, total net assets of Ethereum spot ETFs stand at $17.70 billion, representing a net asset ratio (i.e., ETF market value as a percentage of Ethereum’s total market capitalization) of 4.99%. Cumulative net inflows since inception have reached $12.30 billion.
