PANews reported on December 6 that, according to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $54.7896 million yesterday (December 5, Eastern Time).
The Bitcoin spot ETF with the largest single-day net inflow yesterday was ARKB, an ETF from Ark Invest and 21Shares, with a net inflow of $42.7938 million. ARKB's total historical net inflow has now reached $1.75 billion.
The second largest inflow was into the Fidelity ETF FBTC, with a net inflow of $27.2884 million in a single day. The total historical net inflow of FBTC has reached $12.091 billion.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock ETF IBIT, with a net outflow of $32.4928 million. IBIT's total historical net inflow has reached $62.517 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $117.109 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.57%, and a historical cumulative net inflow of $57.617 billion.

Legal experts are concerned that transforming ESMA into the “European SEC” may hinder the licensing of crypto and fintech in the region. The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper institutional ambitions for its capital markets structure.On Thursday, the Commission published a package proposing to “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading venues and central counterparties to ESMA, Cointelegraph reported.Concerningly, the ESMA’s jurisdiction would extend to both the supervision and licensing of all European crypto and financial technology (fintech) firms, potentially leading to slower licensing regimes and hindering startup development, according to Faustine Fleuret, head of public affairs at decentralized lending protocol Morpho.Read more

