The #Bitcoin spot market continues to show robust activity, with its total net asset value currently standing at a substantial $51.338 billion. Recent data from SoSoValue highlights a cumulative net inflow of $15.811 billion into Bitcoin spot ETFs, underscoring strong investor interest in this digital asset.

On July 12, according to SoSoValue's latest figures, Bitcoin spot ETFs saw a notable influx of $310 million in net investments. Leading this surge was the Grayscale ETF GBTC, which recorded a significant daily net inflow of $23.0081 million. Despite historical fluctuations, GBTC has experienced a net outflow totaling $18.638 billion over time.

Meanwhile, the BlackRock ETF IBIT emerged as the top performer for single-day net inflows, attracting $120 million in fresh investments. IBIT's cumulative historical net inflow now stands at an impressive $18.262 billion. Following closely behind, Fidelity's ETF FBTC recorded a strong single-day net inflow of $115 million, contributing to its total historical net inflow of $9.719 billion.

As of the latest update, Bitcoin spot ETFs collectively account for 4.52% of the total market value of Bitcoin. This statistic reflects both the growing prominence of ETFs in the cryptocurrency market and the increasing confidence of institutional investors in Bitcoin

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