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Bitcoin spot ETF’s total net inflow yesterday was US$332 million, and the ETF’s net asset ratio reached 4.04%

Bitcoin spot ETF’s total net inflow yesterday was US$332 million, and the ETF’s net asset ratio reached 4.04%

2024/03/07 09:50
BTC-0.02%

According to SoSoValue data, the total net inflow of Bitcoin spot ETF yesterday (March 6th, Eastern Time) was $332 million.

Yesterday, Grayscale ETF GBTC had a single-day net outflow of $276 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's IBIT ETF, with a net inflow of $281 million. Currently, IBIT has a total historical net inflow of $9.45 billion. Following that is Fidelity's FBTC ETF, with a single-day net inflow of approximately $205 million and a total historical net inflow for FBTC reaching $5.55 billion.

As of now, the total asset value of Bitcoin spot ETF is $53.11 billion, and the ETF's net asset ratio (market value as a percentage of total Bitcoin market value) is 4.04%. The cumulative historical net inflows have reached $8.89 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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