Data: 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 yesterday, continuing a five-day trend of outflows. BlackRock's IBIT led with $91.37 million in outflows, while total ETF assets stand at $113.83 billion.
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[Data: Bitcoin Spot ETFs See Net Outflow of $175 Million Yesterday, Marking 5 Consecutive Days of Net Outflows] 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 was BlackRock ETF IBIT, with a net outflow of $91.3726 million. IBIT's historical total net inflow has reached $62.249 billion. This was followed by Grayscale ETF GBTC, with a net outflow of $24.6211 million. GBTC's historical total net outflow has reached $25.177 billion. As of press time, the total net asset value of Bitcoin spot ETFs is $113.833 billion, with an ETF net asset value ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.51%. The historical cumulative net inflow has reached $56.901 billion.