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Bitcoin spot ETFs saw net outflows of $240 million yesterday, with BlackRock’s IBIT recording the largest net outflow of $212 million.
PANews July 25, according to SoSoValue data, yesterday (July 24, U.S. Eastern Time) Bitcoin spot ETFs recorded 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 single-day net outflow of $212 million. Currently, IBIT’s historical total net inflows have reached $60.39B.
Second was Fidelity’s ETF FBTC, with a single-day net outflow of $27.9116 million. Its historical total net inflows have reached $10.01B.
As of the time of writing, the total net asset value of Bitcoin spot ETFs was $77.82B, and the ETF net asset ratio (market value as a share of Bitcoin’s total market value) was 6.05%. Historical cumulative net inflows have already reached $51.39B.