1. **Background**: The U.S. Bitcoin spot ETF market has been experiencing consistent net inflows, with a total of $189 million recorded on January 23, marking the sixth consecutive day of net inflows.
2. **Key Events**:
- Grayscale ETF GBTC saw a net outflow of $49.9443 million, contributing to a historical net outflow of $21.752 billion.
- Grayscale Bitcoin Mini Trust ETF $BTC had a net inflow of $11.9045 million, with a historical total net inflow of $1.108 billion.
- BlackRock ETF IBIT recorded the largest single-day net inflow of $155 million, with a historical total net inflow of $39.573 billion.
- Bitwise ETF BITB had a net inflow of $42.1475 million, with a historical total net inflow of $2.431 billion.
3. **Current Status**: The total net asset value of Bitcoin spot ETFs stands at $121.599 billion, with an ETF net asset ratio of 5.94%. The historical cumulative net inflow is $39.420 billion.
4. **Data Source**: The information is based on SoSoValue data as reported by PANews on January 24.