According to PANews, data from SoSoValue indicates that on November 8, Bitcoin spot ETFs experienced a total net inflow of $293 million. This development highlights the growing interest and investment in Bitcoin-related financial products.
On the same day, Grayscale's Bitcoin Trust (GBTC) reported no net inflow or outflow, maintaining its historical net outflow at $20.188 billion. Similarly, Grayscale's Bitcoin Mini Trust ETF also saw no net movement, with its historical total net inflow standing at $542 million. Among the Bitcoin spot ETFs, BlackRock's ETF IBIT recorded the highest single-day net inflow of $206 million, bringing its historical total net inflow to $27.387 billion. Fidelity's ETF FBTC followed with a net inflow of $33.5197 million, contributing to its historical total net inflow of $10.761 billion.
As of the time of reporting, the total net asset value of Bitcoin spot ETFs stands at $78.908 billion. The net asset ratio, which compares the market value of ETFs to the total market value of Bitcoin, is at 5.21%. The cumulative historical net inflow for Bitcoin spot ETFs has reached $25.788 billion, reflecting the sustained interest and investment in these financial instruments.
