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      Bitcoin spot ETFs saw net inflows of $347 million yesterday, marking 5 consecutive days of net inflows

      PANews reported on September 24 that, according to SoSoValue data, Bitcoin spot ETFs recorded total net inflows of $347 million yesterday (September 23, US Eastern Time).

      The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock's ETF IBIT, with a single-day net inflow of $166 million; IBIT's cumulative historical net inflows now stand at $65.023 billion.

      It was followed by Fidelity's ETF FBTC, with a single-day net inflow of $143 million; FBTC's cumulative historical net inflows now stand at $11.001 billion.

      As of press time, the total net asset value of Bitcoin spot ETFs stood at $108.663 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.42%, and cumulative historical net inflows reaching $57.222 billion.


      Source: PANews
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