The Bitcoin spot ETF has seen net outflows for three consecutive days, with a total net asset value of 54.13 billion US dollars

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2024/03/21 04:34

According to SoSoValue data, yesterday (Eastern Time March 20th), the net outflow of Bitcoin spot ETF was $261 million. The Grayscale ETF GBTC had a single-day net outflow of $386 million, and the current historical net outflow of GBTC is $13.27 billion. The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's IBIT, with a single-day net inflow of $49.28 million; currently, IBIT's total historical net inflow has reached $13.09 billion.

Next is Ark 21Shares' ARKB ETF which had an approximate single day net inflow of about $23.26 million; currently, ARKB's total historical net inflows have reached $1.99 billion. As of press time, the total asset value for Bitcoin spot ETFs stands at approximately 54.13 billion dollars; its ratio in terms of market capitalization compared to bitcoin’s overall market cap is around 4.11%, and it has seen a cumulative historic influx amounting to roughly 11.41 billion dollars.

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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