Bitcoin spot ETFs had a total net inflow of $117 million yesterday, with BlackRock ETF IBIT leading the way with a net inflow of $69.0012 million
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Planet News: According to SoSoValue data, yesterday (Eastern Time, May 8th), the total net inflow of BTC spot ETFs was $117 million. The BTC spot ETF with the highest single-day net inflow yesterday was Blackrock's IBIT ETF, with a single-day net inflow of $69 million, and its historical total net inflow has reached $44.355 billion. Following that, Fidelity's FBTC ETF had a single-day net inflow of $35.3366 million, with its historical total net inflow reaching $11.672 billion. As of the time of writing, the total net asset value of BTC spot ETFs was $118.660 billion, with the ETF net asset ratio (market value relative to BTC total market value) reaching 5.82%, and the cumulative historical net inflow has reached $40.836 billion.
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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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