Scanned PANews: SoSoValue’s benchmark—on the U.S. East Coast time of September 19, Bitcoin spot ETF net inflows totaled approximately $223 million. What’s interesting is that the net inflow almost entirely came from BlackRock’s IBIT—about $246 million; Grayscale’s GBTC, on the other hand, saw net outflows of approximately $23.49 million.
As of the time of posting, the total net asset value of spot Bitcoin ETFs is about $152.3 billion, accounting for approximately 6.63% of Bitcoin’s market value. The historical cumulative net inflows are about $57.7 billion; IBIT’s historical cumulative net inflows are about $60.6 billion. Money is still coming in, but the concentration is pretty high.$BTC #BitcoinETF
As of the time of posting, the total net asset value of spot Bitcoin ETFs is about $152.3 billion, accounting for approximately 6.63% of Bitcoin’s market value. The historical cumulative net inflows are about $57.7 billion; IBIT’s historical cumulative net inflows are about $60.6 billion. Money is still coming in, but the concentration is pretty high.$BTC #BitcoinETF
