Spot Bitcoin ETFs take in $532 million on May 4, extending inflow streak to three days

Spot Bitcoin exchange-traded funds drew a combined net inflow of $532 million on May 4 (U.S. Eastern Time), marking a third straight day of net subscriptions, Odaily Planet Daily reported, citing SoSoValue data. BlackRock's iShares Bitcoin Trust (IBIT) led the day with $335 million in net inflows, lifting its cumulative net inflows to $662 million. Fidelity's Wise Origin Bitcoin Fund (FBTC) ranked second, posting $185 million in net inflows, bringing its historical total to $11.267 billion. As of publication, spot Bitcoin ETFs held $106.436 billion in total net asset value. Their net asset ratio—ETF market cap as a share of Bitcoin's total market capitalization—stood at 6.65%, while cumulative net inflows since launch reached $59.25 billion.