The total net outflow of Bitcoin spot ETFs yesterday was $277 million, marking the first net outflow after five consecutive days of net inflows.

According to SoSoValue data, yesterday (May 7, Eastern Time) saw a total net outflow of $277 million from Bitcoin spot ETFs.

The Bitcoin spot ETF with the largest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, recording a net inflow of $7.3461 million. MSBT's total historical net inflow now stands at $188 million.

Following that is the Grayscale Bitcoin Mini Trust ETF BTC, with a single-day net inflow of $5.6709 million. BTC's total historical net inflow has now reached $2.291 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity's ETF FBTC, with a net outflow of $129 million. FBTC's total historical net inflow currently stands at $11.232 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $106.766 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.67%. The total cumulative net inflow in history has reached $59.486 billion.