Bitcoin spot ETF had a total net inflow of 576 million US dollars yesterday, BlackRock ETF set a new record for single-day net inflows

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2024/02/28 11:47

According to the TechFlow data from SoSoValue, the total net inflow of Bitcoin spot ETFs yesterday (February 26th, US Eastern Time) was $576 million. Grayscale's GBTC ETF had a net outflow of $125 million in a single day.

The Bitcoin spot ETF with the highest net inflow yesterday was BlackRock's IBIT ETF, with a daily net inflow of approximately $520 million, setting a new record for IBIT's daily net inflow. The total historical net inflow for IBIT has reached $6.54 billion.

The second-highest daily net inflow was seen in Fidelity's FBTC ETF at $126 million, bringing FBTC's total historical net inflows to $4.48 billion.

As of press time, the total asset value of Bitcoin spot ETFs is $43.16 billion, with an ETF asset ratio (market value as a percentage of total Bitcoin market value) reaching 3.86%. The cumulative historical net inflows have now reached $6.72 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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