Bitcoin spot ETFs saw a total net inflow of $532 million yesterday, marking three consecutive days of net inflows
Odaily Planet Daily reports that according to SoSoValue data, as of yesterday (May 4th Eastern Time), Bitcoin spot ETFs recorded a total net inflow of $532 million.
The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock's ETF IBIT, with a net inflow of $335 million. IBIT's total historical net inflow has now reached $662 million.
In second place was Fidelity's ETF FBTC, with a single-day net inflow of $185 million, bringing its total historical net inflow to $11.267 billion.
As of press time, the total net asset value of Bitcoin spot ETFs stands at $106.436 billion. The ETF net asset ratio (ETF market cap as a percentage of Bitcoin's total market cap) has reached 6.65%, and the cumulative historical net inflow has now reached $59.250 billion.
