Bitcoin spot ETFs recorded a net inflow of $4.89 million on August 11, led by BlackRock’s IBIT.

iconChainthink
Share
This is the logo of the coin.
BTC
$80,298.204.08%
AI summary iconSummary
Bitcoin ETF news: On August 11 (EDT), Bitcoin spot ETFs recorded a net inflow of $4.89 million, according to SoSoValue data. BlackRock’s IBIT led with $50.20 million in inflows, bringing its total assets to $61.17 billion. Franklin’s EZBC experienced the largest outflow at $16.46 million. Total net assets for Bitcoin ETFs now stand at $774.57 billion, with cumulative net inflows reaching $52.04 billion. Bitcoin news reflects ongoing ETF activity amid mixed fund flows.

ChainThink reports that, according to SoSoValue data, the total net inflow into spot Bitcoin ETFs yesterday was $4.8862 million (Eastern Time, August 11).

Among these, BlackRock's ETF IBIT recorded a net inflow of $501.956 million in a single day, the highest net inflow of the day, with a cumulative historical net inflow of $61.172 billion.

Franklin Bitcoin ETF EZBC recorded a single-day net outflow of $16.46 million, the largest net outflow among all products that day, with a cumulative net inflow of $310 million to date.

As of the time of this report, the total net asset value of spot Bitcoin ETFs is $77.457 billion, with an ETF net asset ratio of 6.06% and cumulative historical net inflows of $52.038 billion.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.