- IBIT ETF leads in net assets at $46.95B, but the daily inflow is negative.
- GBTC and FBTC show negative daily changes, with inflows down.
- Daily traded value drops to $5.30B, signaling decreased market activity.
According to recent SoSoValue data as of April 9, the total daily net inflow is negative at -$127.12 million. The cumulative total net inflow stands at $35.51 billion. The total net assets amount to $91.79 billion, which represents 5.56% of the total Bitcoin market cap.
The daily total value traded amounts to $5.30 billion, showing the volume of transactions taking place across these financial instruments. This gives insight into the level of activity in the market, showing a decrease in trading volume compared to previous periods.
IBIT ETF Leads in Net Assets; FBTC, and GBTC Show Negative Daily Inflows
Deeper dive shows IBIT ETF on NASDAQ, sponsored by BlackRock. +0.22% premium/discount, -$89.71m inflow. Cumulative net inflow $39.57b, net assets $46.95b. 2.84% of Bitcoin, a market price of $45.17. Daily change -3.54%. FBTC on CBOE, sponsored by Fidelity. +0.11% premium/discount. No inflow today while cumulative net inflow read at $11.48B, net assets $16.20B, and a market price of $69.36. Daily change -3.52%.
The third asset, GBTC, is listed on the NYSE, sponsored by Grayscale. The premium/discount for GBTC stands at +0.05%, with a negative daily inflow of -$33.80 million. Its cumulative net inflow is reported as -$22.74 billion, with net assets of $15.70 billion. GBTC holds 0.95% of Bitcoin’s market share, with a market price of $62.82. The asset has a daily change of -3.41%.
ARKB, listed on CBOE and sponsored by Ark & 2, shows a premium/discount of +0.04%. There was no daily net inflow, but its cumulative net inflow is $2.59 billion, with net assets of $3.88 billion. ARKB holds a 0.23% share of Bitcoin. The market price is $79.37, and the daily change stands at -3.28%.
BTC, BITB, HODL, BRRR, EZBC and BTCW ETFs Movements
The data also includes the BTC ETF, traded on the NYSE and sponsored by Grayscale. It shows a daily net inflow of +$0.00, with a cumulative net inflow of $1.14 billion. Its net assets are $3.36 billion, with a 0.15% Bitcoin share. The market price is $35.23, and the daily change for BTC is -3.48%.
BITB, listed on NYSE and sponsored by Bitwise, shows a daily net inflow of +$6.71 million, with a cumulative net inflow of $6.71 billion and net assets of $3.10 billion. The asset holds a 0.19% Bitcoin share. Its market price is $43.30, with a daily change of -3.23%.
The other ETF assets in the data include HODL, BRRR, BTC, EZBC, and BTCW. These assets have different premium/discount ratios, daily flows, cumulative net flows, net assets, and Bitcoin shares. Some are slightly higher or lower than the normal price while others have negative daily volatility which implies that the market price of the assets have declined.
