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      Bitcoin Spot ETF Total Net Inflow of $338 Million Yesterday, Continuing Net Inflows for 6 Days

      PANews reported on August 25, according to SoSoValue data, yesterday (August 24, U.S. Eastern Time) Bitcoin spot ETFs had total net inflows of $338 million.

      The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock's ETF IBIT, with a single-day net inflow of $209 million. IBIT's cumulative total net inflow has now reached $62.636 billion.

      Next was Fidelity's ETF FBTC, with a single-day net inflow of $105 million. FBTC's cumulative total net inflow has now reached $10.280 billion.

      As of press time, the total net asset value of Bitcoin spot ETFs was $98.558 billion, and the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reached 6.22%. Cumulative historical net inflows have reached $54.044 billion.


      Source: PANews
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