Headline: Снижение вложений в биткоин и Ethereum ETFs продолжается несмотря на рост интереса к Ethereum Translation: Decline in Bitcoin and Ethereum ETF investments continues despite rising interest in Ethereum

A consistent outflow of capital from spot exchange-traded funds (ETFs) linked to the primary and secondary market cryptocurrencies has persisted for the fourth consecutive day.

In the last 24 hours, Bitcoin ETFs experienced withdrawals amounting to $311 million. The biggest loss was recorded by IBIT from the financial titan BlackRock, with -$220 million. Meanwhile, the ARK 21Shares Bitcoin ETF (ARKB) lost $75.74 million in value.

Since the launch of these instruments in January 2024, cumulative net inflows have reached $54 billion. The total assets under management (AUM) stand at $147 billion.

In the Ethereum ETF sector, a total of $240.14 million was withdrawn over the past day. The largest fund in this segment, ETHA from BlackRock, experienced an outflow of -$257.78 million. Conversely, FETH from Fidelity and ETH from Grayscale recorded inflows of $8.64 million and $9 million, respectively.

The cumulative net inflow into Ethereum ETFs is $11.8 billion, with an AUM of $26.86 billion. At the time of writing, Ether is trading around $4,300, having appreciated by 3% in the last day, while Bitcoin only rose by 0.2%, according to CoinGecko.

Ether’s robust recovery following the recent correction is supported by fundamental factors.

Specifically, open interest in Ethereum futures on the regulated CME exchange has hit a historic high of $8.3 billion, indicating significant interest in the asset from major players.

Moreover, the share of Ethereum-based applications in the total value locked (TVL) within the DeFi ecosystem remains well above 50%.

Research from Nansen indicates that over the past week, the volume of transaction fees in the second-largest cryptocurrency network has surged by 38%. This reflects an increase in on-chain activity and strong demand for block space.

In comparison, the corresponding metric for Solana has grown by only 3.4%, while the BNB Chain has seen a decrease of 2.7%.

It’s worth noting that 69 companies have added over 4.1 million ETH to their reserves, comprising 3.39% of the total Ethereum supply, which amounts to an asset value exceeding $17.6 billion.