ChainCatcher report, according to SoSoValue data, Bitcoin spot ETFs recorded a total net inflow of $217 million yesterday (Eastern Time, August 31). The Bitcoin spot ETF with the highest single-day net inflow was BlackRock’s IBIT, which saw a net inflow of $206 million; IBIT’s cumulative net inflow to date stands at $63.571 billion. Second was Grayscale’s Bitcoin Mini Trust ETF (BTC), with a single-day net inflow of $9.4165 million and a cumulative net inflow of $2.867 billion. The Bitcoin spot ETF with the largest single-day net outflow was VanEck’s HODL, which experienced a net outflow of $13.4134 million; HODL’s cumulative net inflow to date is $1.049 billion. As of the time of this report, the total net asset value of Bitcoin spot ETFs is $99.611 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin’s total market cap) at 6.29%, and cumulative net inflows since inception reaching $54.847 billion.
Bitcoin spot ETFs recorded a $217 million net inflow on August 31, with BlackRock’s IBIT leading the way.
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Summary
Bitcoin news reports that Bitcoin spot ETFs recorded a $217 million net inflow on August 31, according to SoSoValue data. BlackRock’s IBIT led with $206 million, bringing its total to $63.57 billion. Grayscale’s BTC ETF added $9.42 million, while VanEck’s HODL ETF lost $13.41 million. Total net asset value now stands at $99.61 billion, or 6.29% of Bitcoin’s market cap. Bitcoin analysis shows strong inflows continue to drive ETF demand.
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