Bitcoin spot ETFs saw a total net outflow of $61.1637 million yesterday, with BlackRock's IBIT leading at $14.3416 million in net outflows

Odaily News: According to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $61.1637 million yesterday (August 12, Eastern Time).

The Bitcoin spot ETF with the largest single-day net outflow was Fidelity's ETF FBTC, with a net outflow of $46.8221 million. To date, FBTC's cumulative historical net inflow stands at $9.945 billion.

This was followed by BlackRock's ETF IBIT, with a single-day net outflow of $14.3416 million. IBIT's cumulative historical net inflow currently totals $61.157 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $77.369 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) at 6.06%. The historical cumulative net inflow has reached $51.977 billion.