US Spot Bitcoin ETF Assets Dip Below $100 Billion Amidst Significant Net Inflows

U.S. spot Bitcoin Exchange-Traded Fund (ETF) assets declined below the $100 billion threshold on February 9, registering $99.16 billion. This figure represents a notable decrease from the sector's $165.15 billion peak recorded in October, as reported by BlockBeats. Despite this reduction in total asset value, the sector has experienced substantial net inflows since January 2024, accumulating 689,180 BTC, equivalent to approximately $55.01 billion. Key players include BlackRock's IBIT, which holds 765,200 BTC, Fidelity's FBTC with 198,400 BTC, and Grayscale's GBTC holding 159,600 BTC, reflecting significant institutional interest.