Bitcoin Spot ETF Total Net Inflows of $673 Million Yesterday, BlackRock ETF Net Inflows of $612 Million in a Single Day

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2024/02/29 10:51

According to SoSoValue data, the Bitcoin Spot ETF saw a total net inflow of $673 million yesterday (28 February EST).

GBTC, the Grayscale ETF, saw a one-day net outflow of $216 million yesterday. The Bitcoin spot ETF with the largest one-day net inflow yesterday was the BlackRock ETF IBIT, with a one-day net inflow of $612 million, which continues to be an all-time high and brings IBIT's total historical net inflow to $7.15 billion. FBTC, the Fidelity ETF, followed with a one-day net inflow of about $245 million, bringing the total historical net inflow of FBTC to $4.72 billion.

As of this writing, the Bitcoin Spot ETF has a total net asset value of $46.33 billion, an ETF NAV ratio (market capitalisation to total Bitcoin market capitalisation) of 3.91%, and a cumulative historical net inflow of $7.4 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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