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The Bitcoin spot ETF had a total net inflow of $193 million yesterday, with the ETF net asset ratio reaching 4.62%

The Bitcoin spot ETF had a total net inflow of $193 million yesterday, with the ETF net asset ratio reaching 4.62%

Bitget2024/08/09 05:26

PANews reported on August 9th, according to SoSoValue data, the total net inflow of Bitcoin spot ETF was $193 million yesterday (Eastern Time August 8). Grayscale's ETF GBTC had a single-day net outflow of $183 million yesterday, and its historical net outflow is currently at $19.374 billion. The Grayscale Bitcoin Mini Trust ETF BTC had a single-day net outflow of $0.00, with a historical total net inflow of $251 million for the Grayscale Bitcoin Mini Trust BTC. The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's IBIT ETF, which had a single-day net inflow of $158 million and has reached a historical total net inflow of $20.307 billion so far. This was followed by WisdomTree's BTCW ETF with a daily influx of USD 119 million; its current cumulative influx stands at USD 202 million.

As of press time, the total asset value for Bitcoin Spot ETFs is approximately USD 54.312 billion; their Net Asset Value ratio (market cap as compared to overall bitcoin market cap) stands at about 4.62%. Their cumulative historic influx has reached around USD 17.427 billion.

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