Nine consecutive days of net inflows come to an end as Bitcoin spot ETFs saw a total net outflow of $263 million yesterday.
Odaily Odaily reports that according to SoSoValue data, yesterday (Eastern Time April 27) Bitcoin spot ETFs saw a total net outflow of $263 million.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity's ETF FBTC, with a net outflow of $150 million. FBTC's total historical net inflow now stands at $10.883 billion.
Next was Grayscale's ETF GBTC, with a single-day net outflow of $46.6259 million. GBTC's total historical net outflow currently stands at $26.262 billion.
As of press time, the total net asset value of Bitcoin spot ETFs is $101.234 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) at 6.57%. The total cumulative net inflow in history has reached $58.301 billion.
