Bitcoin spot ETFs saw a total net outflow of $229 million yesterday, marking a 9-day streak of net outflows

Odaily Planet Daily News According to SoSoValue data, yesterday (May 28, Eastern Time) Bitcoin spot ETFs recorded a total net outflow of $229 million.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF IBIT, with a net outflow of $178 million. IBIT's total historical net inflows have now reached $63.875 billion.

The next was Grayscale's ETF GBTC, with a single-day net outflow of $26.1938 million. GBTC's total historical net outflows have now reached $26.616 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $94.250 billion, the ETF's net asset ratio (market value as a percentage of Bitcoin's total market cap) has reached 6.39%, and the total historical cumulative net inflow has reached $55.788 billion.