Bitcoin Spot ETFs Saw Total Net Outflows of $434 Million Yesterday, Marking Three Consecutive Days of Net Outflows

According to data from SoSoValue, Bitcoin spot ETFs recorded total net outflows of $434 million yesterday (US Eastern Time, February 5).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF IBIT, with a single-day net outflow of $175 million. IBIT's historical total net inflows currently stand at $61.609 billion.

This was followed by Fidelity's ETF FBTC, with a single-day net outflow of $109 million. FBTC's historical total net inflows currently stand at $11.082 billion.

As of the time of writing, the total net asset value of Bitcoin spot ETFs is $80.763 billion. The ETF net asset ratio (the proportion of ETF market value to Bitcoin's total market cap) has reached 6.34%, and the historical cumulative net inflow has reached $54.318 billion.