The total net inflow into Bitcoin spot ETFs reached a high level, with Blackrock leading in absorption value on that day.
The total net asset value of Bitcoin spot ETFs currently stands at over 154 billion USD, accounting for 6.48% of the total Bitcoin market capitalization, reflecting increased interest and investment in this channel.
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The net inflow into Bitcoin spot ETFs on August 11 reached 178 million USD.
Blackrock ETF IBIT recorded the highest single-day net inflow of 138 million USD.
The net assets of Bitcoin spot ETFs reached 154.4 billion USD, accounting for 6.48% of total Bitcoin market capitalization.
What was the net inflow into Bitcoin spot ETFs on August 11?
According to SoSoValue data, the total net inflow into Bitcoin spot ETFs on August 11 reached 178 million USD.
This figure shows the strong interest of investors in investment products related to Bitcoin through ETFs, reflected in continuous and stable inflows. This capital contributes to enhancing liquidity and increasing the attractiveness of the cryptocurrency market through a more centralized and transparent investment channel.
As of now, Bitcoin spot ETFs are a popular choice for strong growth due to their simple operating mechanism and professional management.
Which Bitcoin spot ETF attracted the largest inflow on that day?
Blackrock ETF IBIT led with a single-day net inflow of 138 million USD, becoming the most popular Bitcoin ETF product on August 11.
The total accumulated net inflow of IBIT has now reached 57.924 billion USD, affirming its strong position in the market. Blackrock, with its reputation and global asset management capabilities, continues to build trust with investors through quality ETF products.
In addition, Grayscale Bitcoin Mini Trust ETF BTC also recorded 14.2357 million USD in inflow that day, with a total accumulated inflow of 1.7 billion USD, contributing to diversifying investment options for the market.
"The significant increase in inflows to Blackrock IBIT reflects strong investor confidence in this well-managed Bitcoin ETF product, helping to boost liquidity and transparency in the market."
Financial Analyst specializing in cryptocurrency, 2024
What are the current net asset values and capitalization ratios of Bitcoin spot ETFs?
The total net asset value (NAV) of Bitcoin spot ETFs currently stands at 154.418 billion USD, accounting for 6.48% of the total Bitcoin market capitalization.
This figure marks a stable growth in the trend of investing in Bitcoin ETFs, indicating that this product is becoming more widely accepted. A large asset scale helps the ETF improve liquidity and supports the sustainable development of the traditional cryptocurrency market.
At the same time, the total accumulated inflow into Bitcoin spot ETFs has reached 54.605 billion USD, reflecting long-term, stable cash flow and investor confidence in this channel.
"Bitcoin spot ETFs are an important bridge in attracting traditional capital into the cryptocurrency market, contributing to increased transparency and protecting investors."
ETF Research Specialist, 2024
Frequently Asked Questions
What is net inflow and why is it important for Bitcoin ETFs?
Net inflow is the amount of money flowing in minus the amount withdrawn, reflecting the attractiveness of Bitcoin ETFs. It helps measure investor confidence and participation levels.
What strengths does Blackrock IBIT have to attract large capital?
IBIT is managed by a prestigious group with a transparent operating mechanism, reasonable management fees, and stable asset growth, creating trust among investors.
What does the net asset ratio to Bitcoin market capitalization indicate?
This index measures the influence of Bitcoin ETFs across the entire market, and its growth ratio helps ETFs become a significant investment channel.
How does the accumulated net inflow affect the cryptocurrency market?
The large accumulated inflow helps enhance liquidity, reduce price volatility, and attract more new investors into the cryptocurrency market.
Are Bitcoin spot ETFs safer than buying Bitcoin directly?
Bitcoin ETFs provide professional management and high liquidity, minimizing custody risks while making it easier for investors to access compared to buying directly.
Source: https://tintucbitcoin.com/bitcoin-etf-ghi-nhan-von-rong-tang/
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