Bitcoin spot ETFs saw a total net outflow of $11.6439 million yesterday, marking a third consecutive day of net outflows

Odaily According to SoSoValue data, yesterday (Eastern Time July 27) Bitcoin spot ETFs recorded a total net outflow of $11.6439 million.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF IBIT, with a single-day net outflow of $8.8202 million. IBIT's historical total net inflow currently stands at $60.386 billion.

The next was Fidelity's ETF FBTC, with a single-day net outflow of $2.8237 million. FBTC's historical total net inflow has now reached $10.002 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $78.713 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.04%. The cumulative historical net inflow has now reached $51.374 billion.