Bitcoin ETF funds are witnessing significant inflows and withdrawals
According to Foresight news, data from SoSoValue indicates that on August 14, Bitcoin ETF funds experienced a net inflow of a total of $231 million. The BlackRock ETF IBIT led with a daily net inflow of $524 million, bringing its total historical net inflow to $58.559 billion. Following that, the Grayscale Bitcoin Mini Trust ETF BTC saw a net inflow of $7.3157 million, raising its total historical inflow to $1.719 billion.
Conversely, Ark Invest and 21Shares ETF ARKB recorded the largest daily net inflow of $150 million, although its total historical net inflow amounts to $2.244 billion.
As of the latest report, the total net asset value of Bitcoin ETF investment funds reaches $153.427 billion, with a net asset ratio for the ETF fund of 6.54% compared to the total market capitalization of Bitcoin. The cumulative historical net inflow has reached $54.988 billion.
