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Bitcoin spot ETF had a total net outflow of $331 million yesterday, with net outflows for 3 consecutive days.
ME News message: On May 20 (UTC+8), according to SoSoValue data, yesterday (May 19 Eastern Time), Bitcoin spot ETFs recorded a total net outflow of $331 million.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was Blackrock’s ETF IBIT, with a single-day net outflow of $326 million. Currently, IBIT’s historical total net inflow has reached $65.007 billion.
Second was Valkyrie ETF BRRR, with a single-day net outflow of $3.7915 million. Currently, BRRR’s historical total net inflow has reached $318 million.
As of the time of publication, the total net asset value of Bitcoin spot ETFs is $100.286 billion, and the ETF net asset ratio (market value as a percentage of Bitcoin’s total market cap) is 6.5%. Historical cumulative net inflows have reached $57.360 billion. (Source: SoSoValue)