Bitcoin Spot ETFs See Seventh Straight Day of Inflows
Bitcoin spot ETFs saw another day of significant inflows on September 25, marking the seventh consecutive day. According to data from SoSoValue, a net inflow of $134 million was recorded into these funds. This brings the cumulative net inflows for spot Bitcoin ETFs to $57.547 billion.
BlackRock's IBIT led the pack with a single-day net inflow of $969.918 million, pushing its total historical net inflow to $65.282 billion. Fidelity's FBTC came in second with a net inflow of $49.32 million, with a total historical net inflow now standing at $11.064 billion.
Notably, Bitwise's BITB saw the largest single-day net outflow, losing $11.8478 million from its total historical net inflow of $2.129 billion. The total net asset value of spot Bitcoin ETFs currently stands at $108.423 billion, representing 6.43% of Bitcoin's total market capitalization.