Bitcoin spot ETF had a total net inflow of US$472 million yesterday

A bitcoin ETF NET 2024-03-08 53
Yesterday, the Bitcoin spot ETF saw a significant total net inflow of $472 million, while the Grayscale ETF GBTC experienced a net outflow of $374 million. The Fidelity ETF FBTC led the way with a net inflow of approximately $473 million, bringing its total historical net inflow to an impressive $6.02 billion. Following closely behind was the BlackRock ETF IBIT, which saw a net inflow of $244 million, bringing its total historical net inflow to $9.69 billion. Currently, the total net asset value of Bitcoin spot ETF stands at $54.09 billion, with an ETF net asset ratio of 4.08%. The cumulative net inflow in history has now reached $9.37 billion. This data showcases the growing interest and investment in Bitcoin ETFs, highlighting the ongoing trend of institutional adoption and confidence in the cryptocurrency market.
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