Based on the latest data from crypto analytics firm SoSoValue, Bitcoin spot exchange-traded funds (ETFs) experienced a combined net outflow of $202 million during the trading day on August 28 (U.S. Eastern Time). Among the tracked products, Morgan Stanley's MSBT ETF recorded the strongest net inflow of $9.3385 million for the day, pushing its historical cumulative net inflow to $490 million. On the opposite end, Ark Invest and 21Shares' ARKB ETF saw the highest net outflow of $115 million, with its cumulative net inflow since inception now standing at $1.319 billion. As of the time of writing, the total net asset value of all Bitcoin spot ETFs was $97.593 billion, according to SoSoValue. The ETF net asset ratio, which measures the proportion of Bitcoin's total market capitalization represented by these funds, stood at 6.28%. Furthermore, the historical cumulative net inflow across the entire category has reached $54.631 billion. These figures provide a snapshot of capital flows within the Bitcoin spot ETF market, showing that while there was an overall net outflow, certain funds continued to attract significant inflows. Notably, the performance gap between MSBT and ARKB highlights the divergent investor preferences in the current market environment.
Bitcoin spot ETFs posted a net outflow of $202 million on August 28, according to SoSoValue data. Morgan Stanley's MSBT pulled in the biggest single-day net inflow at $9.3385 million, pushing its cumulative net inflow to $490 million. But Ark Invest and 21Shares' ARKB took the hardest hit, losing $115 million in a single day, even as its historical net intake remained at $1.319 billion. As of press time, the group's total net asset value stood at $97.593 billion, or 6.28% of Bitcoin's full market cap, while cumulative historical inflows came to $54.631 billion.
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