HomeCrypto NewsBitcoin Spot ETFs See Massive Inflows: BlackRock's IBIT Leads with $586 Million,...

Bitcoin Spot ETFs See Massive Inflows: BlackRock’s IBIT Leads with $586 Million, GBTC Records $276 Million Outflow

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VanEck’s Bitcoin ETF yesterday’s trading volume increased by 2200% compared to its previous daily average trading volume

According to SoSoValue data, the total net inflow of Bitcoin spot ETFs yesterday (March 13, EST) was US$683 million.

Yesterday, Grayscale ETF GBTC had a single-day net outflow of US$276 million.

The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a single-day net inflow of US$586 million. The current total historical net inflow of IBIT has reached US$12.03 billion.

Followed by Fidelity ETF FBTC, the single-day net inflow was approximately US$281 million, and the current total historical net inflow of FBTC reached US$6.7 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is US$60.96 billion, the ETF net asset ratio (market value as a proportion of Bitcoin’s total market value) reaches 4.24%, and the historical cumulative net inflow has reached US$11.82 billion.

Source

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