Bitcoin Spot ETF Total Net Inflows of $505 Million Yesterday, ETF Net Asset Ratio Reaches 4.12 Percent
According to SoSoValue data, yesterday (March 11th EST) the Bitcoin Spot ETF had total net inflows of $505 million.
GBTC, the Grayscale ETF, saw a one-day net outflow of $494 million yesterday. The Bitcoin spot ETF with the largest one-day net inflow yesterday was the BlackRock ETF IBIT, with a one-day net inflow of $562 million, bringing IBIT's total historical net inflow to $10.59 billion.
Fidelity ETF FBTC was next with a one-day net inflow of about $215 million, and FBTC's total historical net inflow now stands at $6.37 billion.
As of this writing, the Bitcoin Spot ETF has a total net asset value of $58.36 billion, an ETF NAV ratio (market capitalization to total Bitcoin market capitalization) of 4.12%, and a cumulative historical net inflow of $10.09 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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