A recent data update showed significant daily inflows in the Bitcoin ETF market, reaching $26.83 million, with total assets amounting to $99.07 billion.
Key Market Players and Their Performance
Among the key market players, IBIT sponsored by BlackRock stands out with a 0.20% premium/discount and a $42.03 million inflow. Its cumulative inflow totals $39.83 billion with assets valued at $50.58 billion, holding a 2.90% Bitcoin market share.
Other ETFs’ Performance Revealed
Other ETFs like FBTC and GBTC show relatively stable figures. FBTC has no daily net inflow but accumulates $114.47 million, with assets amounting to $17.34 billion, holding a 0.99% Bitcoin market share. GBTC has a small 0.05% premium, accumulating $22.53 billion.
Overall Market Overview
BTC ETF sponsored by Grayscale shows a minimal premium of 0.06% with net inflows at $1.12 billion, holding a 0.21% market share. Despite a small 1.87% price drop, the overall market cap increased due to consistent inflows.
The Bitcoin ETF market shows substantial asset growth despite daily fluctuations, indicating continuous investor interest and confidence in digital assets.
