Bitcoin ETFs report $107.83M in daily inflows as the cumulative total reaches $35.37B

By Peter Macharia - Technical Analyst
Disclaimer: Cryptocurrencies are a high-risk asset class. This article does not constitute investment advice and is provided for informational purposes only. You could lose all of your capital.
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As of April 17, an update done by SoSOValue pointing to Bitcoin ETFs performance indicates that the total daily net inflow for all ETFs listed is $107.83 million, with the cumulative total at $35.37 billion. Notably, the total value traded in these ETFs stands at $1.55 billion.

Source: SoSoValue

IBIT leads in net assets, as FBTC shows strong inflows

BlackRock’s IBIT shows the highest net assets at $48.61 billion. It experienced a daily change of +0.63%, with a market price of $48.26. This ETF holds 2.88% of its assets in Bitcoin, which is a significant portion of its portfolio. It charges a fee of 0.25% and has a cumulative net inflow of $39.75 billion.

Fidelity’s FBTC experienced a daily change of +0.68%, reaching a market price of $74.16. It has $16.50 billion in net assets and a BTC share of 0.98%. The ETF has a fee of 0.00%, and its cumulative net inflow is at $11.28 billion, indicating steady capital inflow.

GBTC  by NYSE, Grayscale noted a daily shift of +0.71%, with a value of $67.09. It has total assets of $16.14 billion and a BTC share of 0.95%. The ETF charges a fee of 1.50%, and its cumulative net inflow is negative at -$22.78 billion.

ARKB, BTC, and HODL ETFs signal stability

ARKB (CBOE, Ark) posted a daily increase of +0.72%, with a market price of $84.71. Its Bitcoin share is 0.23%, and its cumulative net inflow stands at $2.48 billion. The ETF charges a fee of 0.21%. BTC (NYSE, Grayscale) had a 0.72% daily increase, with a market price of $46.23 and $3.49 billion in net assets. It holds 0.21% in Bitcoin, with a fee of 0.15%.

HODL (CBOE, VanEck) had a daily change of +0.71%, with a market price of $24.03. It has net assets of $836.07 million and a fee of 0.20%. BRRR (NASDAQ, Valkyrie) experienced a +0.71% increase, with a market price of $24.03. It holds $302.42 million in net assets and a fee of 0.25%.

BTCO (CBOE, Invesco) saw a slight increase of +0.71%, with a market price of $24.03. It has net assets of $425.97 million and a 0.25% fee. EZBC (CBOE, Franklin) recorded a +0.66% daily increase, with a market price of $49.19. It holds net assets of $241.76 million and charges a 0.15% fee.

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Peter Mwangi is a skilled crypto news writer with over three years of experience in the writing industry. He is known for his well-researched, insightful content and has contributed to major crypto publications. Peter, committed to learning and teamwork, brings great storytelling and leadership skills to the BTCRead team. You can reach out to Peter at petermwangi@btcread.com.
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