Bitcoin spot ETFs saw net outflows for the fourth consecutive day, with $189 million flowing out yesterday.
TL;DR
Bitcoin spot ETFs experienced $189 million in net outflows on December 23rd, the fourth straight day of withdrawals, led by BlackRock's IBIT and Fidelity's FBTC. Total ETF assets stand at $114.289 billion, with cumulative inflows at $57.076 billion.
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PANews reported on December 24th that, according to SoSoValue data, on December 23rd (Eastern Time), Bitcoin spot ETFs saw a total net outflow of $189 million, marking the fourth consecutive day of outflows. BlackRock's IBIT saw a net outflow of $157 million, and Fidelity's FBTC saw a net outflow of $15.2979 million. Currently, the total net asset value of all spot ETFs is $114.289 billion, representing 6.53% of Bitcoin's total market capitalization, with a historical cumulative net inflow of $57.076 billion.