TechFlow News, March 4: According to SoSoValue data, Bitcoin spot ETFs recorded a total net inflow of $225 million yesterday (March 3, U.S. Eastern Time). The Bitcoin spot ETF with the largest single-day net inflow was BlackRock’s IBIT, which saw a net inflow of $322 million; IBIT’s cumulative net inflow to date stands at $586 million. Second was Valkyrie’s BRRR, with a single-day net inflow of $11.57 million; BRRR’s cumulative net inflow to date is also $11.57 million.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity’s FBTC, which experienced a net outflow of $89.29 million; FBTC’s cumulative net inflow to date stands at $5.50 million. As of press time, the total net asset value (NAV) of Bitcoin spot ETFs is $87.58 billion, the ETF net asset ratio (i.e., ETF market cap as a percentage of Bitcoin’s total market cap) is 6.42%, and the cumulative net inflow since inception has reached $55.48 billion.
