Bitcoin Spot ETF Total Net Assets Reach $52.57 Billion, Cumulative Net Inflows Hit $17.31 Billion

Article is form followin
September 17, 2024
This article is translated by ChatGPT Show original
Back Icon Image

Bitcoin Spot ETF Inflows: BlackRock IBIT Leads the Pack

According to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $12.90 million on September 16th (US Eastern Time).

Grayscale GBTC experienced a net outflow of $20.75 million on the day, bringing its total historical net outflow to $20.06 billion.

Grayscale Bitcoin Mini Trust ETF (BTC) saw a net inflow of $2.82 million, bringing its total historical net inflow to $383 million.

BlackRock's IBIT had the largest daily net inflow among Bitcoin spot ETFs, with $15.82 million flowing in, bringing its total historical net inflow to $20.92 billion.

Fidelity's FBTC followed with $5.06 million in daily inflows, reaching a total historical net inflow of $9.65 billion.

As of press time, the total net asset value of Bitcoin spot ETFs reached $52.57 billion, with an ETF net asset ratio (market cap compared to the total Bitcoin market cap) of 4.61%. The cumulative net inflow has reached $17.31 billion.

Back Icon Image
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.