Significant Inflows in Bitcoin Spot ETFs on September 27
On September 27, Bitcoin spot exchange-traded funds (ETFs) saw substantial inflows, totaling $494 million, according to data from SoSoValue reported by PANews. Grayscale’s ETF, GBTC, noted a notable single-day net inflow of $26.15 million, although it continues to face a significant historical net outflow of $20.09 billion. Meanwhile, Grayscale’s Bitcoin Mini Trust ETF (BTC) reported no changes in inflows or outflows for the day, keeping its total net inflow steady at $422 million.
Leading the charge in inflows was the ETF from Ark Invest and 21Shares, known as ARKB, which attracted $203 million in a single day. This brings its cumulative net inflow to an impressive $2.723 billion. Fidelity’s ETF, FBTC, also performed well, securing a net inflow of $124 million, raising its total historical net inflow to nearly $10 billion at $9.986 billion.
At the time of this report, the overall net asset value of Bitcoin spot ETFs stood at $61.21 billion, which represents a market value ratio of 4.71% compared to Bitcoin’s total market capitalization. Since their inception, these ETFs have collectively attracted a historical net inflow of $18.8 billion, highlighting a growing interest and investment in Bitcoin through regulated financial products.