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