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Bitcoin spot ETFs recorded a $118 million net inflow on April 1, with BlackRock’s IBIT leading the way.

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Bitcoin news reports that Bitcoin spot ETFs recorded $118 million in net inflows on April 1. BlackRock’s IBIT led with $98.42 million, bringing its total to $63.2 billion. Fidelity’s FBTC added $16.24 million, reaching $11.03 billion. The ETFs now hold $87.46 billion in net assets, or 6.4% of Bitcoin’s market cap. Bitcoin analysis shows strong institutional interest remains intact.

Odaily Planet Daily reports, according to SoSoValue data, Bitcoin spot ETFs recorded a total net inflow of $118 million yesterday (March 31, Eastern Time).

The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock’s IBIT, with a net inflow of $98.42 million; IBIT’s total historical net inflow now stands at $63.204 billion.

Second is Fidelity's ETF FBTC, with a single-day net inflow of $16.24 million; the total historical net inflow for FBTC has reached $11.032 billion.

As of the time of publication, the total net asset value of spot Bitcoin ETFs is $87.46 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.4%, and cumulative net inflows since inception reaching $56.122 billion.

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