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Data: U.S. Bitcoin Spot ETF Net Asset Ratio Exceeds 5% for First Time in History, Yesterday's Net Inflows Were Third Highest in History in a Single Day

Data: U.S. Bitcoin Spot ETF Net Asset Ratio Exceeds 5% for First Time in History, Yesterday's Net Inflows Were Third Highest in History in a Single Day

Bitget2024/10/30 09:31

According to SoSoValue data, as of press time, the total net asset value of the Bitcoin Spot ETF was $72.545 billion, and the ETF's net asset ratio (market capitalization over total Bitcoin market capitalization) reached 5.07%, exceeding 5% for the first time in history.

Meanwhile, it is worth noting that yesterday's (October 29th, EST) total net inflows into the Bitcoin Spot ETF were $870 million, the third highest one-day net inflow in history. The highest remaining secondary net inflow was $1.05 billion on March 12th, and the next highest was $887 million on June 4th.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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