Bitcoin Spot ETFs Experience Notable Flows of Funds
According to PANews, data from SoSoValue reveals that on May 27, Bitcoin spot ETFs experienced a combined net inflow of $385 million. The most significant single-day inflow was recorded by Blackrock’s ETF IBIT, which attracted $409 million, bringing its total net inflow to $48.394 billion.
Grayscale’s Bitcoin Mini Trust ETF BTC followed, with a one-day net inflow of approximately $36.029 million, and a cumulative total net inflow of $1.414 billion.
On the other hand, the Bitcoin spot ETF with the largest single-day outflow was ARKB, a product from Ark Invest and 21Shares, which saw a withdrawal of $38.335 million. Its total net inflow to date stands at $2.687 billion.
As of the latest figures, the combined net asset value of Bitcoin spot ETFs is approximately $132.895 billion, representing about 6.1% of Bitcoin’s total market capitalization. The total cumulative net inflow into these ETFs has reached roughly $44.911 billion
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