Bitcoin spot exchange-traded funds recorded $298 million in total net inflows on Aug. 17, based on Eastern Time, according to SoSoValue. BlackRock’s IBIT led the group with $160 million in net inflows for the day, pushing its cumulative historical net inflows to $61.256 billion. Fidelity’s FBTC ranked second, drawing $112 million and bringing its historical cumulative net inflows to $9.994 billion. As of publication, the total net asset value of U.S. Bitcoin spot ETFs stood at $78.671 billion. The ETF net asset ratio, which measures ETF market value as a share of Bitcoin’s total market capitalization, was 6.09%. Historical cumulative net inflows across the category had reached $52.086 billion.
Bitcoin spot exchange-traded funds saw total net inflows of $298 million on Aug. 17, Eastern Time, according to SoSoValue.
BlackRock’s Bitcoin spot ETF, IBIT, posted the largest daily net inflow at $160 million. Its cumulative historical net inflows have now reached $61.256 billion.
Fidelity’s Bitcoin spot ETF, FBTC, ranked second with $112 million in daily net inflows. Its cumulative historical net inflows stand at $9.994 billion.
As of publication, the total net asset value of Bitcoin spot ETFs was $78.671 billion. The ETF net asset ratio, measured as ETF market value relative to Bitcoin’s total market capitalization, was 6.09%. Historical cumulative net inflows across Bitcoin spot ETFs had reached $52.086 billion.
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