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The Bitcoin spot ETF had a net inflow of 48.738 million USD yesterday, with a total net asset value of 57.94 billion USD

The Bitcoin spot ETF had a net inflow of 48.738 million USD yesterday, with a total net asset value of 57.94 billion USD

Bitget2024/06/01 06:46

SoSoValue data shows that yesterday (Eastern Time May 31), the total net inflow of Bitcoin spot ETFs was $48.738 million, among which:
- Grayscale GBTC had a single-day net outflow of $124 million, and the current historical net outflow of GBTC is $17.902 billion.
- The Bitcoin spot ETF with the most single-day net inflow was BlackRock's IBIT, with a single-day net inflow of $169 million. The current total historical net inflow for IBIT has reached $16.651 billion.
- Next is Fidelity's FBTC, with a single-day net inflow of $5.9047 million and its total historical net inflows have reached $8.89 billion.

As of now, the total asset value of Bitcoin spot ETFs is $57.94 billion; the ratio between ETF's assets to Bitcoin’s market cap (the proportion compared to Bitcoin’s overall market value) has reached 4.34%. The cumulative historical net influx has already hit approximately 13.858 billion dollars.

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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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