Bitcoin Spot ETFs See First Net Outflow of $46.65M After Three Days of Inflows
Odaily News: According to SoSoValue data, yesterday (Sept. 8, Eastern Time) Bitcoin spot ETFs saw a total net outflow of $46.65 million.
The Bitcoin spot ETF with the largest single-day net inflow yesterday was Bitwise ETF BITB, with a single-day net inflow of $14.47 million. BITB's historical total net inflow now stands at $2.13 billion.
Next was BlackRock's ETF IBIT, with a single-day net inflow of $10.66 million. IBIT's historical total net inflow now stands at $64.07 billion.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was Grayscale ETF GBTC, with a single-day net outflow of $65.51 million. GBTC's historical total net outflow now stands at $27.72 billion.
As of press time, the total net asset value of Bitcoin spot ETFs is $99.52 billion, with the ETF net asset ratio (market value as a percentage of total Bitcoin market cap) reaching 6.31%. The historical cumulative net inflow has reached $55.57 billion.
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