TechFlow news, according to SoSoValue data, yesterday (May 17, Eastern Time) Bitcoin spot ETFs saw a total net inflow of $222 million. On the same day, Grayscale's ETF GBTC recorded a net inflow of $31.61 million, bringing GBTC's historical cumulative net outflows to $17.62 billion.
The Bitcoin spot ETF with the largest single-day net inflow yesterday was Fidelity's FBTC, which attracted $99.43 million in net inflows. FBTC's historical cumulative net inflows now stand at $8.486 billion. Second was BlackRock's IBIT, with a daily net inflow of $38.08 million, bringing its historical cumulative net inflows to $15.634 billion.
At the time of reporting, the total net asset value of Bitcoin spot ETFs reached $56.263 billion. The ETF net asset ratio (the proportion of ETF market value relative to Bitcoin's total market cap) stood at 4.27%, with historical cumulative net inflows reaching $12.626 billion.
