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Bitcoin spot ETFs saw a total net inflow of $505 million yesterday, with the ETF net asset ratio reaching 4.12%.

2024.03.12 - 10:28
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TechFlow news, according to SoSoValue data, yesterday (March 11, U.S. Eastern Time) saw a total net inflow of $505 million into spot Bitcoin ETFs.

Yesterday, Grayscale's ETF GBTC recorded a single-day net outflow of $494 million. The spot Bitcoin ETF with the highest single-day net inflow was BlackRock's IBIT, which attracted $562 million in net inflows. IBIT's historical cumulative net inflow now reaches $10.59 billion.

Second was Fidelity's ETF FBTC, with a single-day net inflow of approximately $215 million. FBTC's historical cumulative net inflow has reached $6.37 billion.

At the time of reporting, the total net asset value of spot Bitcoin ETFs stood at $58.36 billion. The ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) reached 4.12%, with historical cumulative net inflows totaling $10.09 billion.

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