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Last week, there was an interesting movement in the Bitcoin spot ETF market. The flow of funds that had been coming in for five consecutive days was interrupted, and about $277 million was withdrawn in a single day on May 7th.
Among these, some places continued to see inflows of funds, with Morgan Stanley MSBT receiving the most. It received $7.34 million in just one day, and its total reached $188 million. Grayscale's Bitcoin Mini Trust ETF also received $5.67 million, surpassing a total of $22.9 billion.
On the other hand, Fidelity FBTC saw $129 million withdrawn. However, this ETF has a total of $11.2 billion, making it still the largest in size. The current total assets of all Bitcoin spot ETFs are approximately $106.7 billion, accounting for 6.67% of the total Bitcoin market capitalization. The cumulative net inflow has exceeded $59.4 billion.