Bitcoin Spot ETF Net Inflow of $260 Million Yesterday, Marking Three Consecutive Days of Inflows
PANews May 17th news, according to SoSoValue data, the total net inflow of Bitcoin spot ETFs was $260 million yesterday (Eastern Time, May 16th).
The Bitcoin spot ETF with the highest single-day net inflow yesterday was Blackrock's ETF IBIT, with a single-day net inflow of $130 million. Currently, IBIT's historical total net inflow has reached $45.553 billion.
Next was Fidelity's ETF FBTC, with a single-day net inflow of $67.9492 million. Currently, FBTC's historical total net inflow has reached $11.595 billion.
As of the time of publication, the total net asset value of Bitcoin spot ETFs is $122.666 billion, with an ETF net asset ratio (market value as a percentage of Bitcoin's total market value) of 5.95%, and the historical cumulative net inflow has reached $41.775 billion.
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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