Bitcoin spot ETFs saw a total net outflow of $331 million yesterday, marking the third consecutive day of net outflows

Odaily Planet Daily News According to SoSoValue data, yesterday (Eastern Time May 19), Bitcoin spot ETFs had 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 inflow has now reached $65.007 billion.

The second was the Valkyrie ETF BRRR, with a single-day net outflow of $3.7915 million. BRRR's total historical net inflow has reached $318 million.

As of press time, the total net asset value of Bitcoin spot ETFs was $100.286 billion, the ETF net asset ratio (market value as a proportion of Bitcoin's total market cap) reached 6.5%, and the cumulative historical net inflow has reached $57.36 billion.