Spot Bitcoin ETFs draw $223 million on April 23, extending inflow streak to eight days
Bitcoin spot ETFs posted a combined net inflow of $223 million on April 23 (U.S. Eastern Time), marking the eighth straight session of net inflows, according to SoSoValue data cited by Odaily Planet Daily.
BlackRock's iShares Bitcoin Trust (IBIT) led the day with $167 million of net inflows, lifting its cumulative historical net inflow to $1.67 billion. Ark Invest and 21Shares' ARKB followed with $71.22 million in net inflows, taking its cumulative total to $1.619 billion.
Fidelity's FBTC saw the largest net outflow among spot Bitcoin ETFs, with $16.9254 million leaving the fund. FBTC's cumulative historical net inflow stands at $11.035 billion.
As of publication, spot Bitcoin ETFs held $102.793 billion in total net asset value. The ETF net asset ratio—ETF market value as a share of Bitcoin's total market capitalization—was 6.59%, while cumulative net inflows since launch reached $58.213 billion.