Last Week, Net Inflows of 10 Spot Bitcoin ETFs Reached $2.3 Billion

According to SoSoValue data, the total net inflow of Bitcoin spot ETFs was $339 million yesterday (February 16th, US Eastern Time), marking 16 consecutive trading days of net inflows.

Grayscale's ETF GBTC saw a net outflow of $150 million yesterday. The Bitcoin spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a net inflow of $191 million, bringing IBIT's total historical net inflow to $5.346 billion. Following IBIT was Fidelity's ETF FBTC, with a net inflow of approximately $116 million yesterday, bringing FBTC's total historical net inflow to $3.77 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $37.65 billion, with an ETF net asset ratio (percentage of market value to total market value of Bitcoin) of 3.7%. The total cumulative net inflow has reached $5.04 billion.

Bloomberg ETF analyst Eric Balchunas disclosed data on the X platform showing that last week, net inflows into 10 Bitcoin spot ETFs reached $2.3 billion, surpassing any other ETF.

Among them, BlackRock's IBIT has seen inflows totaling $5.2 billion year-to-date in 2024, while the total inflows for BlackRock's 417 ETFs amount to approximately $10.4 billion. This indicates that IBIT's inflows account for approximately 50% of the total inflows.