The Bitcoin ETF spot had a total net inflow of $486 million yesterday, continuing the net inflow for 12 days
According to BlockBeats news on July 23, data from SoSoValue shows that on July 22 (Eastern Time), the net inflow of Bitcoin spot ETFs was $486 million, marking a continuous net inflow for 12 days.
Yesterday, Grayscale's ETF GBTC had a net outflow of $0.00. The historical net outflow of GBTC is currently at $18.694 billion.
The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's IBIT, which had a single-day net inflow of $527 million. Currently, IBIT has reached a total historical net inflow of $19.495 billion; followed by Fidelity's FBTC with a single-day net infllow of $23.7227 million and its total historical net influx stands at approximately $9.986 billion.
As of press time, the total asset value of Bitcoin spot ETFs is about $62.115 billion and the ratio between their assets and market capitalization (compared to Bitcoin’s overall market cap) is around
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.
You may also like
VanEck: Spot ETFs have taken a dominant position, will close its Ethereum futures ETF