Bitcoin spot ETF experiences net outflows for three consecutive days, with BlackRock IBIT experiencing nearly $200 million in outflows in a single day.

【Chain Wen】Bitcoin spot ETF has seen continuous outflows over the past three days. According to data, on January 8th, Eastern Time in the US, the net outflow reached $399 million. This marks the third consecutive day of capital outflows.

Looking at specific products, BlackRock’s IBIT performed the best—with a net outflow of $193 million, nearly half of the total market outflows. However, it is worth noting that IBIT’s cumulative historical net inflow still reaches $62.658 billion, indicating this is only a short-term adjustment. In contrast, Bitwise’s BITB and WisdomTree’s BTCW recorded small net inflows against the trend, at $2.9558 million and $1.9187 million respectively.

From the overall market scale, the total net asset value of Bitcoin ETFs is currently $117.655 billion, with a cumulative net inflow of $56.653 billion. This scale accounts for 6.48% of Bitcoin’s total market capitalization, showing that spot ETFs have become an important channel for institutional allocation of Bitcoin. Short-term capital fluctuations are inevitable, but the long-term inflow trend remains intact.