PANews reported on October 25 that according to SoSoValue data, the total net inflow of Bitcoin spot ETFs yesterday (October 24, Eastern Time) was US$90.605 million.
The Bitcoin spot ETF with the largest single-day net inflow yesterday was the Fidelity ETF FBTC, with a single-day net inflow of US$57.924 million. Currently, the total historical net inflow of FBTC has reached US$12.597 billion.
The second is Blackrock ETF IBIT, with a single-day net inflow of US$32.681 million. Currently, the total net inflow of IBIT has reached US$65.306 billion.
As of press time, the total net asset value of the Bitcoin spot ETF was US$149.962 billion, the ETF net asset ratio (market value as a percentage of the total market value of Bitcoin) reached 6.78%, and the historical cumulative net inflow has reached US$61.985 billion.


Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
