According to the SoSoValue update, Bitcoin ETFs reported a combined daily inflow of $422.45 million as of May 1. Following this, the cumulative total inflow now stands at $39.56 billion. Net assets have risen to $111.99 billion, representing 5.85% of BTC’s market capitalization, while the daily total value traded amounted to $3.52 billion.
IBIT nears $59B in assets after $351M daily inflow
BlackRock’s IBIT, trading on NASDAQ, led the inflow with $351.38 million on May 1. The ETF’s cumulative inflow has reached $43.01 billion. Its net assets stood at $58.71 billion, while its market price closed at $54.95. IBIT recorded a 2.69% daily gain, with $2.91 billion traded and 52.80 million shares exchanged.
Fidelity’s FBTC, listed on CBOE, posted a daily inflow of $29.52 million. Its cumulative inflow reached $11.65 billion. The ETF’s net assets stood at $19.19 billion with a market price of $84.34. FBTC’s daily price rose 2.63%, and it recorded a $268.83 million trading volume.
Grayscale’s GBTC saw a net inflow of $16.01 million despite a cumulative outflow of $22.75 billion. Its net assets were $18.39 billion with a 1.50% fee. GBTC closed at $76.22, gaining 2.63% on the day, with $120.86 million traded.
ARKB sees $87M exit as price climbs above $96
ARKB, sponsored by Ark Invest and listed on CBOE, recorded an outflow of $87.23 million. Its cumulative net inflow stood at $2.65 billion. The ETF’s net assets were $4.63 billion, with a 2.61% price gain. ARKB’s price was $96.34 with $60.26 million in value traded.
Grayscale’s spot Bitcoin ETF (ticker: BTC) recorded $41.92 million in daily inflow. It now holds $4.13 billion in assets and rose 2.59% in price. The ETF traded at $45.67 million with a share price of $42.79.
Bitwise’s BITB reported $38.39 million in inflow, with $2.06 billion in cumulative inflow. Its market price stood at $52.59. BITB’s net assets reached $3.74 billion, rising 2.65% on the day with $56.15 million traded.
VanEck’s HODL ETF recorded a $21.86 million inflow, with cumulative inflow at $886.80 million. The ETF closed 2.67% higher at $27.34. Other ETFs like BRRR, BTCO, EZBC, and BTCW recorded no inflows, yet all ended with gains of over 2.50%.
