Bitwise Powers Spot BTC ETF Market With $11.5409 Million Net Daily Inflow

• The net inflow of Bitcoin spot Exchange Trust Fund (ETF) on May 8, 2024, was $11.5409 million.
• Bitwise BITB was responsible for the single-day net inflow of $11.5409 million recorded.
• Bitcoin spot ETFs’ total net asset value rose to $51.504 billion.

The net inflow of Bitcoin spot Exchange Trust Fund (ETF) on May 8, 2024, was $11.5409 million. Citing Soso Value’s data, famous blockchain and crypto journalist Colin Wu noted that the Grayscale GBTC had no inflows or outflows on the day. Wu highlighted that Bitwise BITB was responsible for the single-day net inflow of $11.5409 million.

On May 8, the total net inflow of Bitcoin spot ETF was $11.5409 million. Grayscale ETF GBTC has no inflows and outflows. Bitwise ETF BITB saw a single-day net inflow of $11.5409 million. The total net asset value of Bitcoin spot ETFs is $51.504 billion. https://t.co/OkjFkXsACa

— Wu Blockchain (@WuBlockchain) May 9, 2024

With last Wednesday’s net inflow, Bitcoin spot ETFs’ total net asset value rose to $51.504 billion, according to data from the spot Bitcoin ETF aggregation platform, Soso Value. Further details from the platform show that Grayscale maintained the top pos…

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