PANews reported on May 30 that, according to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $125 million yesterday (May 29, Eastern Time).
The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock ETF IBIT, with a net outflow of $68.1994 million. IBIT’s total historical net inflow has reached $63.807 billion.
The second largest outflow was from the Fidelity ETF FBTC, which saw a net outflow of $31.9473 million in a single day. The total historical net inflow for FBTC is currently $10.595 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $94.169 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market capitalization) of 6.38%, and a historical cumulative net inflow of $55.663 billion.
