Bitcoin spot ETFs saw a net outflow of $276 million in a single day, marking the sixth consecutive day of net outflows.
TL;DR
Bitcoin spot ETFs experienced a $276 million net outflow in one day, the sixth straight day of outflows, led by BlackRock's IBIT with $193 million. Total net asset value stands at $113.53 billion.
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[Bitcoin Spot ETFs See Net Outflow of $276 Million in a Single Day, Marking Six Consecutive Days of Net Outflows] According to Mars Finance, citing SoSoValue data, Bitcoin spot ETFs saw a net outflow of $276 million in Eastern Time. The Bitcoin spot ETF with the largest net outflow was BlackRock ETF IBIT, with a net outflow of $193 million in a single day. IBIT's historical total net inflow has reached $62.056 billion. This was followed by Fidelity ETF FBTC, with a net outflow of $74.3756 million in a single day. FBTC's historical total net inflow has reached $12.098 billion. As of press time, the total net asset value of Bitcoin spot ETFs was $113.53 billion, with an ETF net asset value ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.49%. The historical cumulative net inflow has reached $56.625 billion.