As of August 12th (Eastern Time), Bitcoin’s total spot ETF this week recorded a net inflow of US $27.87 million, as per SoSoValue data. This inflow upholds the ongoing demand and encouragement of Bitcoin financial assets with current market uncertainty.
GBTC ETF saw a net outflow of USD 11.77 million yesterday, bringing its total historical net outflows to USD 19.46 billion. The substantial outflow further puts GBTC in the hot seat as it is almost usurped by other asset management firms like BlackRock.
The net inflow of Grayscale’s Bitcoin Mini Trust ETF BTC reached $7.85 million, with a cumulative historical net inflow of $273.99 million on the demand side. This upward trend indicates strong demand for more Bitcoin investment options in the Grayscale portfolio.
Among the Bitcoin spot ETFs, ARKB from Ark Invest and 21Shares had a large daily net inflow of $35.40 million. The fresh inflow brought ARKB’s total historical net flow to $2.45 billion, reinforcing the strong performance of an appeal for an ETF raking up Bitcoin in its portfolio through innovative financial structures among investors market-related products offered under exemptions available from regulation authorities that oversee this structure (the SEC).
The BlackRock ETF IBIT unit registered a $13.45 million daily net inflow, followed by a total historical net inflow of billions, granting it 20.33. Investors remain comfortable with BlackRock’s Bitcoin spot ETF, as evidenced by continued strong inflows in its IBIT.
As of this report, Bitcoin spot ETFs’ total net asset value is $53.75 billion. Meanwhile, ETFs make up 4.63% of the Bitcoin market capitalization (Net Asset) ratio by considering these ETF market values in relation to the total BTC value on the BTS blockchain. Moreover, the total net inflow from all Bitcoin spot ETFs has also risen to $17.37 billion, showing a consistent increase and parallel recognition of Bitcoin as an investment class.
In particular, the ETF net asset ratio stands at 4.63% and is based on the market capitalization the totalized Bitcoin ETF holds in these defined markets. Furthermore, the aggregate historical net inflow overall Bitcoin spot ETFs finally stands at $17.37 billion—a testament to just how broad and sticky investor demand has become for this new “financial” asset class.