PANews, March 3: According to SoSoValue data, Bitcoin spot ETFs recorded a total net inflow of $458 million yesterday (March 2, Eastern Time). The Bitcoin spot ETF with the highest single-day net inflow was BlackRock’s IBIT, with a daily net inflow of $263 million; IBIT’s cumulative net inflow to date stands at $2.63 billion. Second was Fidelity’s FBTC, with a daily net inflow of $947.956 million; FBTC’s cumulative net inflow to date is $947.956 million. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $88.341 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin’s total market cap) at 6.39%, and cumulative net inflows to date reaching $55.258 billion.
Bitcoin spot ETFs recorded a $458 million net inflow on March 2, with all 12 ETFs experiencing inflows.
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Summary
Bitcoin news reports that Bitcoin spot ETFs recorded $458 million in net inflows on March 2, with all 12 products experiencing inflows. BlackRock’s IBIT led with $263 million, followed by Fidelity’s FBTC with $94.7956 million. The total net asset value of Bitcoin spot ETFs now stands at $88.341 billion, representing a net asset ratio of 6.39% relative to Bitcoin’s market cap. Cumulative inflows have reached $55.258 billion. Bitcoin analysis indicates sustained strong demand in the ETF space.
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