- Total daily net inflow stands at -$64.88M, with cumulative inflow of $36.07B.
- IBIT ETF shows a premium of +0.03%, with a market price of $47.71.
- GBTC reports a -$25.21M daily inflow but a 2.41% market price increase.
SoSoValue recent market update on Bitcoin ETFs as of April 4 indicates that the total net inflow for the day stands at a negative value of $64.88 million. In contrast, the cumulative total net inflow is positive, amounting to $36.07 billion.
The total value traded in the market for the day is $4.43 billion, while the total net assets for all the products in the dataset are $94.45 billion, representing 5.65% of the Bitcoin market capitalization.
BTC ETF on NYSE and IBIT Show Price Gains
Among the products listed, the Bitcoin (BTC) exchange-traded fund (ETF) on the NYSE shows a slight premium of +0.03%. It has a daily inflow of $0.00, with net assets standing at $1.15 billion. The Bitcoin share of this product’s market share is 0.21%, with a trading fee of 0.15%. The market price for Bitcoin on this ETF is $37.21, reflecting a daily change of +2.48%. The volume of trades on the ETF is relatively low, with just 1.5 million shares traded.
In comparison, other Bitcoin-related ETFs like IBIT, which trades on NASDAQ, reports no daily net inflow and show a negative premium of -0.17%. Its cumulative net inflow stands at $39.91 billion, with net assets of $48.39 billion. The Bitcoin share for this product is higher than BTC’s, at 2.90%. This ETF has a lower trading fee of 0.25%, and its market price is $47.71. The daily change for IBIT is +2.45%, with a trading volume of 68.67 million shares.
FBTC and GBTC Report Negative Inflows, But Price Gains Persist
FBTC, another Bitcoin ETF, trades on CBOE and shows no daily net inflow either. The premium for FBTC is -0.09%, with a cumulative net inflow of $11.48 billion. Its net assets are $16.57 billion, and the BTC share stands at 0.99%. FBTC’s market price is $73.39, and the daily change is +2.57%. Trading volume is relatively low at 7.53 million shares.
GBTC, listed on NYSE and sponsored by Grayscale, reports a negative 1-day net inflow of $25.21 million. Its cumulative net inflow totals $22.62 billion. GBTC’s net assets are $16.14 billion, with a BTC share of 0.97%. The market price for this fund is $66.32, and the daily change is +2.41%. The daily trading volume is also low at 4.09 million shares.
