Bitcoin spot ETF recorded a total net outflow of $331 million yesterday, marking a third consecutive day of net outflows

Odaily Planet Daily News According to SoSoValue data, yesterday (May 19, Eastern Time), Bitcoin spot ETFs recorded a total net outflow of $331 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 $326 million. IBIT's total historical net inflows currently stand at $65.007 billion.

The next was Valkyrie ETF BRRR, with a single-day net outflow of $3.7915 million. BRRR's total historical net inflows currently stand at $318 million.

As of press time, the total net asset value of Bitcoin spot ETFs is $100.286 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.5%. Historical cumulative net inflows have reached $57.360 billion.