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The Bitcoin ETF spot had a total net inflow of $486 million yesterday, continuing the net inflow for 12 days

The Bitcoin ETF spot had a total net inflow of $486 million yesterday, continuing the net inflow for 12 days

Bitget2024/07/23 13:08
BTC+0.04%

According to BlockBeats news on July 23, data from SoSoValue shows that on July 22 (Eastern Time), the net inflow of Bitcoin spot ETFs was $486 million, marking a continuous net inflow for 12 days.

Yesterday, Grayscale's ETF GBTC had a net outflow of $0.00. The historical net outflow of GBTC is currently at $18.694 billion.

The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's IBIT, which had a single-day net inflow of $527 million. Currently, IBIT has reached a total historical net inflow of $19.495 billion; followed by Fidelity's FBTC with a single-day net infllow of $23.7227 million and its total historical net influx stands at approximately $9.986 billion.

As of press time, the total asset value of Bitcoin spot ETFs is about $62.115 billion and the ratio between their assets and market capitalization (compared to Bitcoin’s overall market cap) is around 

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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