Bitcoin Spot ETFs See Combined Net Inflow of $217 Million

Bitcoin spot ETFs saw significant net inflows yesterday, August 31. According to SoSoValue data, the total net inflow was $217 million. Among these, BlackRock's IBIT ETF led with a whopping $206 million net inflow.

This is not the first time IBIT has shown impressive performance; its historical total net inflow stands at $63.571 billion. Grayscale's Bitcoin Mini Trust ETF BTC came in second, with a single-day net inflow of $9.4165 million and a cumulative net inflow of $2.867 billion.

On the other hand, VanEck's HODL ETF had the largest single-day net outflow at $13.4134 million. Despite this, its historical total net inflow remains substantial at $1.049 billion.

The total net asset value of Bitcoin spot ETFs currently stands at $99.611 billion, with a net asset ratio (market value relative to Bitcoin's total market cap) of 6.29%. The historical cumulative net inflow has reached $54.847 billion.