Spot bitcoin ETFs posted $211 million in net inflows on Aug. 4, according to SoSoValue data. BlackRock's IBIT took in $170 million on the day, the most among all products, and its historical cumulative net inflow rose to $60.763 billion. Fidelity's FBTC was next with $19.5752 million in daily net inflows, bringing its cumulative total to $9.972 billion. Across all U.S. spot bitcoin ETFs, total net assets were $78.258 billion as of the latest data. That equals 6.06% of bitcoin's total market capitalization. Cumulative net inflows across the entire group reached $51.706 billion. IBIT's single-day inflow was equal to roughly 80.6% of the day's combined total. On a cumulative basis, IBIT remains the largest spot bitcoin ETF by net inflow, more than six times the cumulative inflow of FBTC. SoSoValue provided the metrics, which cover the segment's valuation and relative share of the bitcoin market. The same dataset also tracks lifetime flows to gauge how much capital has entered the funds since launch.
Bitcoin spot ETFs recorded $211 million in total net inflows on Aug. 4, according to SoSoValue.
BlackRock's IBIT ranked first among all products, adding $170 million on the day. That brought IBIT's all-time cumulative net inflow to $60.763 billion. Fidelity's FBTC followed with $19.5752 million in daily net inflows for a cumulative total of $9.972 billion.
IBIT accounts for most of the day's inflow
IBIT's single-day inflow came to about 80.6% of the combined total. Its cumulative net inflow is about six times FBTC's, based on the same dataset.
Aggregate assets and cumulative flows
As of press time, spot bitcoin ETFs held combined net assets of $78.258 billion, equivalent to 6.06% of bitcoin's total market capitalization. Lifetime cumulative net inflows across all spot bitcoin ETFs reached $51.706 billion.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
