Bitcoin spot exchange-traded funds (ETFs) recorded $507 million in total net inflows on February 25 (U.S. Eastern Time), with none of the twelve listed ETFs posting net outflows, according to data from SoSoValue.Leading the inflows was BlackRock’s iShares Bitcoin Trust IBIT, which attracted $297 million in a single day. With the latest additions, IBIT’s historical cumulative net inflows have climbed to $61.563 billion, maintaining its position as the dominant vehicle for institutional Bitcoin exposure.The second-largest inflow was recorded by Grayscale’s Bitcoin Trust ETF GBTC, which saw $102 million in net inflows on the day. Despite the positive session, GBTC’s historical cumulative net outflows remain sizeable at $25.874 billion, reflecting the longer-term capital rotation away from the legacy product.As of the time of writing, the total net asset value (NAV) of Bitcoin spot ETFs stands at $87.604 billion. The ETF net asset ratio, measured as a percentage of Bitcoin’s total market capitalization, has reached 6.34%, while historical cumulative net inflows across all Bitcoin spot ETFs now total $54.573 billion.