US Bitcoin Spot ETF, $442 million net inflow… 5 consecutive trading days

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The US Bit Token physical ETF market showed a net inflow on this day.

According to Soso Value's aggregated data on the 24th (local time), $442 million (equivalent to 634.182 billion won) flowed into the US Bit Token physical ETF market.

It has continued the inflow trend for 5 consecutive trading days since the 17th.

The ETFs that saw inflows on this day are ▲BlackRock IBIT ($32.732 million) ▲Ark·21Shares ARKB ($9.702 million) ▲Bitwise BITB ($10.18 million) ▲Invesco BTCO ($7.48 million), totaling 4 ETFs.

The remaining 8 ETFs did not see additional fund inflows or outflows.

The cumulative total inflow of Bit Token physical ETFs was calculated at $38.05 billion.

The total daily trading volume was $2.02999 billion (2.9126 trillion won), with the highest trading volumes in ▲BlackRock IBIT ($1.51 billion) ▲Fidelity FBTC ($167.58 million) ▲Ark·21Shares ARKB ($128.13 million).

The total net asset value of Bit Token physical ETFs is $10.697 billion, accounting for 5.77% of the total Bit Token supply.

Based on net asset value, ▲BlackRock IBIT ($5.481 billion) ▲Fidelity FBTC ($1.869 billion) ▲Grayscale GBTC ($1.79 billion) ranked 1st to 3rd.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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