TechFlow news, according to SoSoValue data, yesterday (May 16, Eastern Time) saw a total net inflow of $257 million into spot Bitcoin ETFs. On the same day, Grayscale's ETF GBTC recorded a net inflow of $4.6382 million, bringing GBTC's historical net outflows to $17.652 billion.
The spot Bitcoin ETF with the largest single-day net inflow yesterday was BlackRock's IBIT, which attracted $93.7004 million in net inflows. IBIT's cumulative net inflows now stand at $15.596 billion. This was followed by Fidelity's FBTC, which saw a net inflow of $67.0829 million, bringing its total historical net inflows to $8.387 billion.
At the time of reporting, the total net asset value of spot Bitcoin ETFs reached $54.628 billion, with the ETF net asset ratio (the proportion of ETF market value relative to Bitcoin's total market cap) standing at 4.25%. The historical cumulative net inflows have reached $12.404 billion.
