Recently, there have been some noteworthy changes in the Crypto Assets ETF market. According to the latest data, Bitcoin ( BTC ) and Ethereum ( ETH ) saw their Spot ETFs experience net outflows for the first time last week, marking a turnaround from the previous weeks of continuous net inflows.

For Bitcoin ETF, there was a total net outflow of approximately $1.17 billion last week, ranking second historically. Among them, BlackRock's IBIT product experienced the largest single-week net outflow, reaching $615 million. Following closely is Fidelity's FBTC with a net outflow of $235 million. However, not all products showed outflows; VanEck's HODL and Franklin's EZBC still recorded slight net inflows.

As of now, the total net asset value of Bitcoin Spot ETF has reached 150.23 billion USD, accounting for 6.45% of the total market value of Bitcoin, with a cumulative net inflow of 53.8 billion USD. This figure highlights the important position of Bitcoin ETF in the entire Crypto Assets ecosystem.

At the same time, the Ethereum Spot ETF market also experienced a similar turnaround. After 14 consecutive weeks of net inflows, there was a net outflow of approximately $238 million last week. Grayscale's ETHE product encountered the largest single-week net outflow, close to $88.97 million. Fidelity's FETH followed closely behind, with a net outflow of $79.65 million.

It is worth noting that although most products experienced net outflows, Bitwise's ETHW and VanEck's ETHV still recorded slight net inflows of 2.52 million dollars and 1.91 million dollars, respectively.

Currently, the total net asset value of Ethereum Spot ETF is 30.58 billion USD, accounting for 5.22% of the total market value of Ethereum, with a cumulative total net inflow of 12.43 billion USD.

These data reflect the complex dynamics of the Crypto Assets ETF market, and investor sentiment appears to have experienced short-term fluctuations. However, considering the overall scale of these products and the cumulative net inflows, this short-term volatility may just be part of a normal market adjustment. The flow of funds in the coming weeks will provide us with more clues about whether this trend will continue.

For investors, this data reminds us to closely follow market trends while maintaining a long-term perspective, without being disturbed by short-term fluctuations. The high volatility of the crypto assets market means that such changes in capital flow are not uncommon, and it is important to understand the driving factors behind them and their potential long-term impacts.