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Bitcoin spot ETFs saw total net outflows of $240 million yesterday, with BlackRock’s IBIT recording net outflows of $212 million to top the list
Odaily Planet Daily News: According to SoSoValue data, yesterday (July 24, US Eastern Time) Bitcoin spot ETFs saw total net outflows of $240 million.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was Blackrock’s ETF IBIT, with a net outflow of $212 million; its historical total net inflow is now $60.39B.
Second was Fidelity’s ETF FBTC, with a net outflow of $27.9116 million; its historical total net inflow is now $10.01B.
As of before publication, the total net asset value of Bitcoin spot ETFs was $77.82B, and the ETF net asset ratio (market cap relative to Bitcoin’s total market cap) was 6.05%. Historical cumulative net inflows have already reached $51.39B.