Bitcoin spot ETFs saw a total net outflow of $395 million yesterday, with only BlackRock's IBIT experiencing a net inflow.
TL;DR
Bitcoin spot ETFs experienced a $395 million net outflow yesterday, with only BlackRock's IBIT seeing a net inflow of $15.1 million. Fidelity's FBTC led outflows at $205 million, while total ETF assets stand at $124.6 billion.
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According to data from SoSoValue, Bitcoin Odaily ETFs saw a net outflow of $395 million yesterday (January 16th, Eastern Time).
The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $15.0937 million. IBIT's total historical net inflow has now reached $63.441 billion.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was the Fidelity ETF FBTC, with a net outflow of $205 million. The total historical net inflow for FBTC is currently $11.916 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $124.563 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.53%, and a historical cumulative net inflow of $57.822 billion.