Bitcoin ETFs Records $591M Inflow in One Day as Net Assets Achieve $109B

• IBIT led with $970M inflow as its net assets reached $ 56.73 B.
• ARKB posted the largest outflow of $226.30M among all ETFs.
• Total ETF net assets hit $109.30B, equal to 5.83% of Bitcoin’s cap.

According to a recent SoSoValue update on Bitcoin ETFs as of April 28, the market recorded a total daily net inflow of $591.29 million. Additionally, cumulative net inflows reached $39.02 billion, while total value traded stood at $2.42 billion. The total net assets across the listed funds amounted to $109.30 billion, accounting for 5.83% of Bitcoin’s market cap.

IBIT Pulls in $970M Daily While FBTC and GBTC Bleed $129M Combined

iShares Bitcoin Trust (IBIT) led with the highest daily net inflow of $970.93 million. It held cumulative inflows of $42.17 billion and net assets worth $56.73 billion. IBIT was priced at $53.88 and recorded a daily change of -0.72%. Its BTC share was 3.02%, and the trading value reached $1.83 billion.

Fidelity Wise Origin Bitcoin Fund (FBTC) experienced a daily net outflow of $86.87 million. The fund maintained cumulative inflows of $11.77 billion and net assets of $18.94 billion. FBTC traded at $82.77, dropping 0.64% on the day with a BTC share of 1.01%. Grayscale Bitcoin Trust (GBTC) posted a daily outflow of $42.66 million. Cumulative outflows totaled $22.73 billion, while net assets stood at $18.07 billion. GBTC closed at $74.81 with a 0.70% decline and a 0.96% BTC share.

No Flows Reported in BTC and BRRR While ARKB Suffers $226M Exit

ARK 21Shares Bitcoin ETF (ARKB) recorded the largest daily net outflow of $226.30 million. The fund’s cumulative inflows reached $2.88 billion with net assets of $4.77 billion. Its market price was $94.55, down 0.67%, and it held a 0.25% BTC share. Grayscale’s spot Bitcoin ETF (BTC) showed no daily net flow. Cumulative inflows stood at $1.27 billion, while net assets were valued at $4.01 billion. BTC’s market price was $41.99 with a 0.73% loss, accounting for 0.22% of Bitcoin’s share.

Bitwise Bitcoin ETF (BITB) reported a net outflow of $21.13 million. The fund recorded cumulative inflows of $2.07 billion and net assets of $3.67 billion. Priced at $51.59, BITB dropped 0.65% with a BTC share of 0.20%. VanEck Bitcoin Trust (HODL) posted a minor outflow of $2.68 million. Cumulative inflows totaled $864.94 million, while net assets reached $1.37 billion. HODL traded at $26.82 and dropped 0.63%.

Valkyrie Bitcoin Fund (BRRR) showed no daily inflow or outflow. Net assets were $577.26 million, and cumulative inflows hit $326.23 million. BRRR’s price was $29.25, showing no change in daily net movement. The remaining funds, including BTCO, EZBC, and BTCW, showed no daily inflow. These funds closed lower with market losses ranging from 0.67% to 0.72%.