Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
The Bitcoin spot ETF had a total net inflow of 68.11 million US dollars yesterday, with BlackRock's ETF IBIT accounting for 78% of the net inflow

The Bitcoin spot ETF had a total net inflow of 68.11 million US dollars yesterday, with BlackRock's ETF IBIT accounting for 78% of the net inflow

2024/02/06 11:38
BTC-0.48%
According to SoSoValue data, as of yesterday (Eastern Time February 5), the net inflow into Bitcoin spot ETFs was $68.11 million, marking seven consecutive days of net inflows. Grayscale's ETF GBTC saw a single-day net outflow of $107 million yesterday. Excluding Grayscale, the other nine ETFs had a total net inflow of $175 million. The Bitcoin spot ETF with the highest single-day net inflow was BlackRock's IBIT, which had a single-day net inflow of $137 million, accounting for 78% of the total daily inflows. Currently, IBIT's historical total net inflow has reached $3.19 billion.
 
Next is Fidelity's FBTC ETF with an estimated single-day net influx around $37.98 million or 21.1% of total influxes and its historical cumulative influx reaching up to about $2.64 billion dollars in value. As per last reports before publishing this article; Bitcoin Spot ETF’s Net Asset Value stands at approximately USD 27 Billion and it’s NAV ratio ( Market Cap compared to Total Market Cap) has reached up to about 3%. Its historical cumulative influx is now standing at approximately USD 16 Billion Dollars in value.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Over $30 million in liquidations across the entire network in the past hour, mainly long positions
2
Peter Schiff: If the Federal Reserve cuts interest rates amid rising inflation, it will be a major policy mistake; BTC not only failed to break out but is showing signs of peaking.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,376.57
-0.44%
Ethereum
Ethereum
ETH
$4,592.9
-2.24%
XRP
XRP
XRP
$3.02
-4.02%
Tether USDt
Tether USDt
USDT
$1
-0.00%
Solana
Solana
SOL
$242.72
+0.81%
BNB
BNB
BNB
$924.89
-1.40%
USDC
USDC
USDC
$0.9996
-0.03%
Dogecoin
Dogecoin
DOGE
$0.2753
-8.39%
TRON
TRON
TRX
$0.3474
-1.05%
Cardano
Cardano
ADA
$0.8845
-6.39%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter