Bitcoin Spot ETFs Flooded with $232M in Net Inflows as Grayscale Launches Zcash ETF

Bitcoin spot ETFs recorded $232.12 million in daily net inflows yesterday, led by BlackRock's IBIT with $200.76 million in daily net inflows and a total historical net inflow of $63.12 billion. Grayscale's Bitcoin Mini Trust ETF $BTC had the second-highest inflow at $46.83 million, with a total historical net inflow of $2.85 billion.

On the other hand, Grayscale's GBTC had the highest net outflow at $50.39 million, with a total historical net outflow of $27.58 billion. The total net asset value of Bitcoin Spot ETFs is $98.63 billion, with an ETF net asset ratio of 6.26%. The historical cumulative net inflow has reached $54.59 billion.

Grayscale also launched the first Zcash ETF, ZCSH, which offers direct spot exposure to Zcash through a traditional brokerage account. The fund holds approximately $304 million in ZEC and carries a 2.50% management fee, with all proceeds directed toward Zcash ecosystem development.