Bitcoin spot ETFs saw a total net outflow of $903 million yesterday, the second highest in history.

AI Summary1 min read

TL;DR

Bitcoin spot ETFs had a $903 million net outflow yesterday, the second highest ever. BlackRock's IBIT led with $355 million outflow, while Grayscale's GBTC saw $199 million. Total ETF assets are $113.02 billion.

Tags

BitcoinHalving TokensLayer 1ETFBitcoin ETFsNet OutflowBlackRock IBITGrayscale GBTCCrypto Market

According to data from SoSoValue, Bitcoin spot ETFs saw a net outflow of $903 million yesterday (November 20th, Eastern Time).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock ETF IBIT, with a net outflow of $355 million. IBIT's total historical net inflow has reached $62.826 billion.

The second largest outflow was from the Grayscale ETF GBTC, which saw a net outflow of $199 million in a single day. GBTC's total historical net outflow has now reached $25.095 billion.

As of press time, the total net asset value of the Bitcoin spot ETF was $113.02 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.55%, and a historical cumulative net inflow of $57.397 billion.

Visit Website