- Bitcoin ETFs experienced a daily net outflow of $71.07 million, despite a cumulative net inflow of $39.98 billion.
- BlackRock’s IBIT led with $56.61 billion in net assets, trading $1.59 billion with no daily inflow.
- Fidelity’s FBTC saw the largest daily outflow of $48.39 million, with total net assets of $20.02 billion.
According to a recent update by SoSoValue, the Bitcoin ETF market experienced a net outflow of $71.07 million as of February 19. Despite the daily outflow, the cumulative total net inflow stood at $39.98 billion. The total value traded for the day reached $2.05 billion, with total net assets of $112.59 billion. This represented 5.90% of the Bitcoin market capitalization.
BlackRock’s IBIT Leads Bitcoin ETFs in Net Assets
BlackRock’s iShares Bitcoin Trust (IBIT) maintained the highest net assets at $56.61 billion. Its cumulative net inflow was $40.97 billion, with no net inflow recorded for the day. The fund traded $1.59 billion with a daily volume of 29.06 million shares. Fidelity’s Wise Origin Bitcoin Fund (FBTC) recorded a daily net outflow of $48.39 million. Its cumulative net inflow stood at $12.43 billion, with net assets of $20.02 billion.
Grayscale’s Bitcoin Trust (GBTC) had net assets totaling $19.19 billion. Its cumulative net outflow reached $22.01 billion, with no daily net inflow. Ark Invest’s ARKB reported a daily outflow of $8.65 million. Its cumulative net inflow reached $2.84 billion, with net assets totaling $4.82 billion. The BTC ETF sponsored by Grayscale reported net assets of $4.05 billion with no daily net inflow.
Bitwise’s BITB Holds Steady at $3.85B Despite Zero Inflows
Bitwise’s BITB maintained $3.85 billion in net assets. It recorded a cumulative net inflow of $2.16 billion with no daily inflow. VanEck’s HODL ETF experienced a daily net outflow of $4.77 million. Its cumulative net inflow reached $862.48 million, with net assets of $1.39 billion. Valkyrie’s BRRR fund recorded a daily outflow of $9.27 million, holding $823.78 million in net assets.
Franklin’s EZBC fund and Invesco’s BTCO each maintained net assets of $708.19 million. Both funds recorded no daily inflows, with cumulative net inflows of $444.01 million and $277.18 million, respectively. WisdomTree’s BTCW ETF recorded $250.99 million in cumulative net inflow. Its net assets stood at $392.78 million, with no daily net inflow.
