Daily net capital inflows into spot Bitcoin ETFs on April 23 totaled $31.64 million.
According to SoSoValue, the positive trend continued for three trading days despite asset inflows decreasing from $62 million on April 22 to $31 million on April 23.
During this period, Bitcoin funds received $153.29 million in inflows.
A day ago, BlackRock’s iShares Bitcoin Trust (IBIT) cryptocurrency fund topped the list for capital inflows. An additional $37.92 million was added to the balance sheet, bringing funds under management to $15.48 billion.
In second place is the investment product of ARK Invest and 21 Shares with $33.28 million. In third place is Bitwise’s fund, with $23.23 million. The remaining Bitcoin ETFs received a total of $6.3 million.
However, outflows of $1.88 million and $332,480 were recorded from VanEck’s HODL fund and BTCO from Invesco and Galaxy Digital, respectively.
For spot Bitcoin ETFs, IBIT has recorded capital inflows for 70 days. Therefore, the product entered the top 10 exchange traded funds of this index.
IBIT’s total assets under management (AUM) are $18.18 billion. BlackRock also added several new accredited partners for its spot Bitcoin ETF. Their participation allows investors to purchase and redeem stocks with fiat currency.
Meanwhile, on April 15, Hong Kong approved spot ETFs for Bitcoin and Ethereum. HashKey Capital and Bosera Capital funds will begin trading in Hong Kong on April 30.