Bitcoin Spot ETFs See $189M Net Inflow as Hashdex DeFi ETF Announces Delisting

Huoxing Finance reports, according to SoSoValue data, the total net inflow into spot Bitcoin ETFs amounted to $189 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock’s IBIT, with a daily net inflow of $144 million; IBIT’s cumulative net inflow to date has reached $61.4 billion. Second was Fidelity’s FBTC, with a daily net inflow of $23.92 million, bringing its cumulative net inflow to $10.02 billion. The Bitcoin spot ETF with the largest single-day net outflow yesterday was VanEck’s HODL, with a daily net outflow of $16.92 million; HODL’s cumulative net inflow to date stands at $1.07 billion. Additionally, Hashdex’s spot Bitcoin ETF DEFI has initiated a winding-down process due to factors such as asset size, trading liquidity, and operational costs. Trading on NYSE Arca ceased on August 17, and delisting will follow. The fund began liquidating its remaining Bitcoin holdings on August 18 and is expected to distribute cash proceeds to holders around August 24. Bloomberg data shows that as of July 30, DEFI’s assets under management were approximately $7.28 million. As of the time of this report, the total net asset value of all spot Bitcoin ETFs stands at $79.3 billion, with the ETF net asset ratio (market value as a percentage of total Bitcoin market cap) at 6.12%, and cumulative net inflows to date reaching $52.28 billion.