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Spot Bitcoin ETFs Rally With $117M Inflow As IBIT Maintains the Asset Lead
IBIT led all spot ETFs with a $69M daily inflow and 3.09% BTC share.
BTCW, BRRR, and others surged over 5% despite no new inflows.
Total ETF inflows hit $117M with $3.87B in daily trading volume.
According to a recent update by SoSoValue, the total net inflow across all spot Bitcoin ETFs stood at $117.46 million as of May 8. The cumulative total net inflow reached $40.84 billion. Additionally, the total value traded came in at $3.87 billion, indicating sustained market activity across leading funds.
IBIT Pulls $69M, FBTC Grows $35M, GBTC Price Rallies 5.38%
A deeper analysis indicates that BlackRock’s IBIT led the daily inflow chart with $69.00 million, pushing its cumulative inflow to $44.35 billion. IBIT also maintained the largest net assets among peers at $62.91 billion, representing a 3.09% Bitcoin market share. Its market price closed at $57.62 with a daily gain of 5.38%.
Source: SoSoValue
Fidelity’s FBTC followed with a $35.34 million daily inflow and total net assets of $20.12 billion. It posted a similar daily gain of 5.38%, with a market price of $88.48. FBTC’s cumulative inflow rose to $11.67 billion, indicating continued demand for its 0% fee structure.
Grayscale’s GBTC saw no net inflow on May 8 but retained $19.18 billion in assets. Despite a long-term outflow of $22.85 billion, GBTC remains one of the largest funds. Its market price settled at $79.98, also up by 5.38% during the session.
No Inflows for HODL, BRRR, BTCW, But Prices Still Surge
ARKB from Ark Invest recorded a $13.12 million net inflow and reached $2.69 billion in cumulative inflows. Its net assets stood at $4.89 billion while trading at $101.09, up by 5.34% on the day. Grayscale’s second ETF, BTC, held $4.33 billion in assets with no daily inflow but marked a 5.35% price rise to $44.89
Bitwise’s BITB also had no net inflow on the day but maintained $3.90 billion in assets. It recorded a 5.29% gain, closing at $55.15. VanEck’s HODL ETF had stagnant inflows but retained $1.47 billion in assets. Its price increased by 5.33% to $28.66, showing movement despite zero new capital. Valkyrie’s BRRR also saw no new inflow, with assets totaling $616.73 million and a 5.41% price surge BTCO by Invesco managed $548.01 million in net assets, holding steady with a daily rise of 5.35% to $101.15. Franklin’s EZBC had $515.84 million in assets and a closing price of $58.71 after a 5.35% gain. WisdomTree’s BTCW showed no inflow but ended the session with a 5.51% increase, priced at $107.55. Its net assets reached $156.63 million, accounting for a 0.01% share of the Bitcoin market.