Bitcoin Spot ETFs Saw a Total Net Outflow of $818 Million Yesterday, Marking Three Consecutive Days of Net Outflows
According to data from SoSoValue, Bitcoin spot ETFs recorded a total net outflow of $818 million yesterday (January 29, US Eastern Time).
The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF IBIT, with a net outflow of $318 million. Currently, IBIT's historical total net inflow stands at $62.484 billion.
Following that was Fidelity's ETF FBTC, with a single-day net outflow of $168 million. Currently, FBTC's historical total net inflow stands at $11.266 billion.
As of the time of writing, the total net asset value of Bitcoin spot ETFs is $107.648 billion, with an ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.4%. The historical cumulative net inflow has reached $55.516 billion.
