Bitcoin spot ETFs saw a total net inflow of $199 million yesterday, marking the seventh consecutive day of net inflows.

PANews reported on March 18 that, according to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $199 million yesterday (March 17, Eastern Time).

The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $169 million. IBIT's total historical net inflow has now reached $63.375 billion.

The second largest inflow was into the Fidelity ETF FBTC, with a net inflow of $24.39 million in a single day. The total historical net inflow of FBTC has reached $11.079 billion.

As of press time, the total net asset value of Bitcoin spot ETFs was $96.744 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.49%, and a cumulative net inflow of $56.537 billion.