Bitcoin Spot ETF Saw Total Net Outflow of $101 Million Yesterday, Extending Outflow Streak to Five Days

According to SoSoValue data, yesterday (Eastern Time May 21) the total net outflow for Bitcoin spot ETFs was $101 million.

The Bitcoin spot ETF with the largest single-day net inflow yesterday was ARKB, the ETF from Ark Invest and 21Shares, with a net inflow of $2.8287 million. The total historical net inflow for ARKB now stands at $1.282 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF IBIT, with a net outflow of $104 million. The total historical net inflow for IBIT now stands at $64.842 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $101.058 billion, with the ETF net asset ratio (market cap relative to total Bitcoin market cap) reaching 6.49%. The total historical cumulative net inflow has reached $57.189 billion.