Spot Bitcoin ETFs attract $103M in net inflows; BlackRock's IBIT tops daily subscriptions with $196M
AI Market Summary
Spot Bitcoin ETFs recorded net inflows, with BlackRock's IBIT leading large singleday subscriptions despite a sizable outflow from Fidelity's FBTC. Total ETF NAV around $109.3B and an ETF share near 6.43% of Bitcoin's market cap underscore the growing role of regulated vehicles in marginal demand. The flow mix suggests active reallocation among issuers rather than broad risk-off behavior.
Impact level
● High
Affected assets
BTC/USDT+2.03%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Data from SoSoValue, cited by ChainCatcher, show spot Bitcoin ETFs posted a combined net inflow of $1.03 billion.
BlackRock's iShares Bitcoin Trust (IBIT) recorded the largest single-day net inflow at $1.96 billion, bringing its cumulative net inflows to $65.574 billion. Grayscale's Bitcoin Mini Trust ETF (BTC) ranked second with a $145.904 million daily net inflow; its cumulative net inflow stands at $2.979 billion.
Fidelity's FBTC saw the biggest single-day net outflow, with $607.316 million leaving the fund, while its cumulative net inflow remains $10.866 billion.
As of publication, spot Bitcoin ETFs held total net assets of $109.338 billion. Their net asset ratio—market value as a share of Bitcoin's total market capitalization—was 6.43%, and cumulative net inflows reached $57.598 billion.