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The total net asset value of Bitcoin spot ETF is US$48.86 billion, and BlackRock IBIT hit a new single-day net inflow yesterday

The total net asset value of Bitcoin spot ETF is US$48.86 billion, and BlackRock IBIT hit a new single-day net inflow yesterday

2024/03/06 09:58
BTC+0.86%

According to SoSoValue data, total net inflows into Bitcoin spot ETFs yesterday (March 5, EST) were $648 million. Yesterday, Grayscale ETF GBTC had a single-day net outflow of US$332 million. The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a single-day net inflow of US$788 million, setting a new high for its single-day net inflow. The current total historical net inflow of IBIT reaches US$9.167 billion. Followed by Fidelity ETF FBTC, with a single-day net inflow of approximately US$125 million, and the current total historical net inflow of FBTC reaches US$5.345 billion. As of press time, the total net asset value of Bitcoin spot ETFs is US$48.86 billion, the ETF net asset ratio (market value as a proportion of Bitcoin’s total market value) reaches 4.02%, and the historical cumulative net inflow has reached US$8.563 billion.

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.
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