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Bitcoin spot ETFs saw a total net outflow of $240 million yesterday, with BlackRock’s IBIT recording the largest net outflow of $212 million.
ME News, July 25 (UTC+8). According to SoSoValue data, yesterday (July 24, US 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 ETF IBIT, with a net outflow of $212 million. Currently, IBIT’s historical total net inflows have reached $60.39B.
Second was the Fidelity ETF FBTC, with a net outflow of $27.9116 million. Currently, FBTC’s historical total net inflows have reached $10.01B.
As of before publication, the total net asset value of Bitcoin spot ETFs was $77.82B. The ETF net asset ratio (market cap as a share of Bitcoin’s total market cap) was 6.05%. Historical cumulative net inflows have already reached $51.39B. (Source: SoSoValue)