Cointime

Cointime

Download App
iOS & Android
Home / Point

Bitcoin spot ETFs saw net inflows of $2.34 billion last week, marking the third consecutive week of net inflows.

according to SoSoValue data, the net inflow of Bitcoin spot ETFs last week was $2.34 billion, with no net outflows. The Bitcoin spot ETF with the highest net inflow last week was the BlackRock Bitcoin ETF IBIT, with a weekly net inflow of $1.04 billion. The total net inflow of IBIT has reached $59.78 billion. Following that is the Fidelity ETF FBTC, with a weekly net inflow of $850 million, and a total net inflow of $12.63 billion for FBTC.

As of the time of writing, the total net asset value of Bitcoin spot ETFs is $153.18 billion, with an ETF net asset ratio (market value as a percentage of total Bitcoin market value) of 6.62%. The total cumulative net inflow has reached $56.83 billion.

Comments

All Comments

Recommended for you

  • Strive Launches $450 Million Public Offering to Further Increase Bitcoin Holdings

     Bitcoin treasury company Strive (Nasdaq code ASST) announced the launch of a $450 million public offering plan to increase its Bitcoin holdings and raise the proportion of Bitcoin per share. This issuance is part of the company's total $950 million capital initiative, which also includes a $500 million stock buyback plan to enhance balance sheet flexibility. Strive currently holds 69 Bitcoins, worth approximately $7.9 million, and can raise an additional $750 million in the next 12 months through warrants. The company stated that it will issue preferred shares through a registration structure to purchase additional Bitcoins, increasing shareholder exposure to Bitcoin and enhancing shareholder value.

  • Coinbase CEO clarifies: No clear plans for Base network tokens at this time

    in response to Base's announcement of exploring the launch of a network token, Coinbase CEO Brian Armstrong clarified on X platform that they are indeed exploring the Base network token. They hope that this token can become an excellent tool to accelerate the growth of creators and developers in decentralization and ecosystem expansion. However, it should be pointed out that at this stage, there is no specific plan for the related token, and disclosing the information is just for public update of the concept.

  • Base Network Considers Issuing Tokens

    jesse Pollak, the head of the Base protocol, stated on BaseCamp that Base is exploring the possibility of issuing network tokens.

  • Ripple announces $25 million donation in RLUSD to two US nonprofits

    Ripple announced a donation of $25 million to two non-profit organizations in the United States, Accion Opportunity Fund and Hire Heroes USA. This funding will be provided in the form of Ripple's dollar stablecoin Ripple USD (RLUSD), aimed at expanding financing channels for underserved small business owners.

  • Google's stock price rose by more than 3%, setting a new record high, and its total market value exceeded US$3 trillion for the first time.

     Google rose more than 3%, hitting a record high, with a total market value exceeding $3 trillion for the first time. As of now, there are 4 listed companies in the U.S. with a total market value exceeding $3 trillion, including Nvidia ($4.26 trillion), Microsoft ($3.79 trillion), Apple ($3.53 trillion), and Google.

  • The three major U.S. stock indexes opened higher, with Tesla rising 6.74%.

    U.S. stock market opened, with the Dow rising 0.03%, the S&P 500 rising 0.34%, and the Nasdaq rising 0.45%. Tesla (TSLA.O) rose 6.74%, with Musk investing about $1 billion to buy over 2.5 million shares of the company's stock last Friday. Nvidia (NVDA.O) fell 1.32%, while Oracle (ORCL.N) rose 4.12%.

  • Reliance Global establishes digital asset treasury strategy, with initial investment of $60 million to purchase BTC, ETH, etc.

    Nasdaq-listed company Reliance Global Group announced that its board of directors has approved a strategic expansion into the digital asset and blockchain fields, and is establishing a digital asset treasury that includes portfolios of BTC, ETH, and SOL. The company plans to purchase up to $60 million worth of digital assets in the first phase, followed by another $60 million, totaling up to $120 million. These assets will be managed by its newly formed cryptocurrency advisory committee.

  • Ethereum Foundation establishes artificial intelligence team "dAI" and starts recruiting

    Ethereum Foundation has established an artificial intelligence team "dAI", led by Davide Crapis, aiming to collaborate with Silicon Valley giants and cryptocurrency developers to build Ethereum as the foundational layer of the artificial intelligence ecosystem. The team will initially have two additional full-time positions, and the Ethereum Foundation is currently recruiting. It is reported that in the short term, the team will focus on implementing proposals such as ERC-8004, which will create a standard for AI agents to seamlessly discover, verify, and transact throughout the Ethereum ecosystem.

  • Financial Times: Trump says Washington and Beijing have reached an agreement on the future of TikTok

    according to the Financial Times, US President Donald Trump stated that Washington and Beijing have reached an agreement on the future of TikTok.

  • Trump: Powell must cut rates more than he expects

    Trump: Powell's interest rate cut must exceed his expectations.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company