Bitcoin Spot ETFs Witness Net Inflow Of $223 Million

According to Foresight News, Bitcoin spot ETFs experienced a net inflow of $223 million on April 8, Eastern Time. On the same day, Grayscale's ETF, GBTC, saw a net outflow of $303 million, bringing its total historical net outflow to $15.81 billion. The Bitcoin spot ETF with the highest single-day net inflow was Bitwise ETF NYSE, with a net inflow of approximately $40.33 million. Following closely was BlackRock's ETF, IBIT, with a single-day net inflow of about $21.27 million. As of the time of writing, the net asset value of Bitcoin spot ETFs stands at $60.19 billion. The ETF net asset ratio, which is the market value compared to the total market value of Bitcoin, reached 4.27%. The historical cumulative net inflow has reached $12.39 billion.