Bitcoin Spot ETFs Saw $487 Million in Total Net Outflows Yesterday, with BlackRock's IBIT Leading at $208 Million

Odaily News: According to SoSoValue data, yesterday (US Eastern Time, October 7), Bitcoin spot ETFs recorded a total net outflow of $487 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 $208 million. IBIT's historical total net inflow currently stands at $65.717 billion.

Next was Fidelity's ETF FBTC, with a single-day net outflow of $105 million. FBTC's historical total net inflow currently stands at $10.716 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $107.401 billion, the ETF net asset ratio (market value as a percentage of Bitcoin's total market value) has reached 6.41%, and cumulative historical net inflows have reached $57.330 billion.