Bitcoin Spot ETFs’ Total Net Asset Value Reaches $72.545 Billion, Surpassing 5% of Bitcoin’s Market Cap for the First Time
According to SoSoValue data, as of October 30, the total net asset value of Bitcoin spot ETFs has climbed to $72.545 billion, marking a significant milestone. The ETF net asset ratio, which represents the market value of ETFs compared to the total market value of Bitcoin, has reached 5.07% for the first time in history, indicating growing investor interest in these financial instruments.
Furthermore, on October 29 (Eastern Time), Bitcoin spot ETFs witnessed a substantial total net inflow of $870 million, making it the third-highest single-day net inflow ever recorded. The highest single-day net inflow stands at $1.05 billion, which occurred on March 12, followed by the second-highest inflow of $887 million on June 4.
This surge in Bitcoin spot ETF investments demonstrates the increasing acceptance and adoption of cryptocurrency-related financial products among investors, signaling a potential shift in the investment landscape.
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