Global Listed Companies Net $2.56B in Bitcoin, Holdings Reach 709,420 BTC

According to PANews and SoSoValue data, Bitcoin spot ETFs experienced significant inflows on August 6, with BlackRock ETF IBIT and Bitwise ETF BITB leading gains while ARKB posted net outflows.

BTC

Summary

PANews reported on August 7 that, based on SoSoValue data, Bitcoin spot ETFs had a total net inflow of US$91.5543 million on August 6 (Eastern Time). BlackRock ETF IBIT recorded the largest single-day inflow of US$41.9258 million, bringing its historical net inflow to US$57.269 billion, while Bitwise ETF BITB posted a single-day inflow of US$26.3544 million with a cumulative net inflow of US$2.304 billion. Conversely, the Ark Invest and 21Shares ETF ARKB experienced a net outflow of US$5.3677 million, with its historical net inflow reaching US$2.381 billion. The overall Bitcoin spot ETF market had a total net asset value of US$148.505 billion, an ETF net asset ratio of 6.46%, and cumulative historical net inflows of US$53.742 billion.

Terms & Concepts
  • Bitcoin spot ETF: An exchange-traded fund that invests directly in Bitcoin, enabling investors to track Bitcoin’s market performance without directly owning the asset.
  • ETF net asset ratio: A metric representing the percentage of a Bitcoin spot ETF's market value relative to the total market value of Bitcoin.