Spot Bitcoin ETFs Log $137M Total Net Inflow Yesterday, Third Straight Day of Inflows
Oct 29, 13:25
October 29: According to SoSoValue data, spot Bitcoin ETFs recorded a total net inflow of $137 million yesterday (Eastern Time, October 28).
The spot Bitcoin ETF with the largest single-day net inflow yesterday was BlackRock's ETF IBIT, with a single-day net inflow of $136 million. IBIT's all-time total net inflow has now reached $66.531 billion.
Next was Bitwise's ETF BITB, with a single-day net inflow of $1.3213 million. BITB's all-time total net inflow has now reached $2.031 billion.
As of press time, the total net asset value of spot Bitcoin ETFs stands at $104.877 billion, the ETFs' net asset ratio (market cap as a share of Bitcoin's total market cap) is 6.41%, and cumulative historical net inflows have reached $57.607 billion.