Bitcoin spot ETF saw a total net outflow of $649 million yesterday, with BlackRock's IBIT leading at a net outflow of $448 million

Odaily Planet Daily News According to SoSoValue data, yesterday (Eastern Time May 18) Bitcoin spot ETFs saw a total net outflow of $649 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 $448 million. The total historical net inflow of IBIT has now reached $65.333 billion.

Next was the ETF ARKB from Ark Invest and 21Shares, with a single-day net outflow of $110 million. The total historical net inflow of ARKB has now reached $1.280 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $100.485 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) at 6.52%, and the historical cumulative net inflow has reached $57.691 billion.