Bitcoin Spot ETFs See Significant Inflows

According to Foresight News, data from SoSoValue indicates that on December 3, Bitcoin spot ETFs experienced a total net inflow of $676 million. The BlackRock ETF, IBIT, led the inflows with a single-day net inflow of $693 million, bringing its historical total net inflow to $32.769 billion. Following BlackRock, the Fidelity ETF, FBTC, recorded a single-day net inflow of $52.1747 million, with its historical total net inflow reaching $11.532 billion. As of the time of reporting, the total net asset value of Bitcoin spot ETFs stands at $104.254 billion. The net asset ratio of these ETFs, which compares their market value to the total market value of Bitcoin, is at 5.51%. The cumulative historical net inflow for Bitcoin spot ETFs has reached $31.734 billion.