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Bitcoin spot ETF had total net outflows of $11.6439 million yesterday, with net outflows continuing for 3 days
PANews July 28 news: According to SoSoValue data, yesterday (July 27, Eastern Time) Bitcoin spot ETFs had total net outflows of $11.6439 million.
The Bitcoin spot ETF with the largest single-day net outflows yesterday was Blackrock ETF IBIT, with single-day net outflows of $8.8202 million. So far, IBIT’s historical total net inflows have reached $60.39B.
Second was Fidelity ETF FBTC, with single-day net outflows of $2.8237 million. So far, FBTC’s historical total net inflows have reached $10B.
As of press time, the total net asset value of Bitcoin spot ETFs was $78.71B. The ETFs’ net asset ratio (market cap as a share of Bitcoin’s total market cap) was 6.04%, and historical cumulative net inflows had already reached $51.37B.