Bitcoin spot ETFs saw a total net outflow of $175 million yesterday, marking the fifth consecutive day of net outflows.
TL;DR
Bitcoin spot ETFs experienced a $175 million net outflow on December 24th, continuing a five-day trend of outflows. BlackRock's IBIT led with $91.37 million outflow, while Grayscale's GBTC saw $24.62 million, affecting overall ETF assets.
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According to data from SoSoValue, Bitcoin spot ETFs saw a net outflow of $175 million yesterday (December 24th, Eastern Time).
The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock ETF IBIT, with a net outflow of $91.3726 million. IBIT's total historical net inflow has reached $62.249 billion.
The second largest outflow was from the Grayscale ETF GBTC, which saw a net outflow of $24.6211 million in a single day. GBTC's total historical net outflow has reached $25.177 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $113.833 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.51%, and a historical cumulative net inflow of $56.901 billion.