TechFlow news, according to SoSoValue data, yesterday (May 24, Eastern Time) bitcoin spot ETFs saw a total net inflow of $252 million. On the same day, Grayscale's GBTC ETF recorded zero net outflows, bringing GBTC's historical cumulative net outflows to $17.641 billion.
The bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock's IBIT, which attracted $182 million in net inflows, bringing its total historical net inflows to $16.354 billion. Fidelity's FBTC followed with $437.083 million in daily net inflows, reaching a total historical net inflow of $8.713 billion.
At the time of reporting, the total net asset value of bitcoin spot ETFs stood at $59.068 billion, representing an ETF net asset ratio (market value as a percentage of total Bitcoin market cap) of 4.36%, with historical cumulative net inflows reaching $13.687 billion.
