Bitcoin spot ETFs saw a total net inflow of $242 million yesterday, marking nine consecutive days of net inflows

Odaily News: According to SoSoValue data, Bitcoin spot ETFs recorded a total net inflow of $242 million yesterday (August 27, Eastern Time).

The Bitcoin spot ETF with the largest single-day net inflow was BlackRock's ETF IBIT, which saw a net inflow of $278 million. To date, IBIT's historical total net inflow has reached $63.398 billion.

Next was Ark Invest and 21Shares' ETF ARKB, with a single-day net inflow of $29.7484 million, bringing its historical total net inflow to $1.434 billion.

The Bitcoin spot ETF with the largest single-day net outflow was Fidelity's ETF FBTC, which saw a net outflow of $83.628 million. FBTC's historical total net inflow currently stands at $10.238 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $100.927 billion, with an ETF net asset ratio (market value as a percentage of total Bitcoin market cap) of 6.28%. The historical cumulative net inflow has reached $54.832 billion.