Bitcoin spot ETFs had a total net outflow of $616 million yesterday, and none of the twelve ETFs had a net inflow

05-31

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According to Foresight News and SoSoValue data, Bitcoin spot ETF had a total net outflow of $616 million yesterday (Eastern Time, May 30).

The Bitcoin spot ETF with the largest single-day net outflow was BlackRock's IBIT ETF, with a net outflow of $431 million. Currently, IBIT's historical total net inflow has reached $48.569 billion.

Next was Ark Invest and 21Shares' ETF ARKB, with a single-day net outflow of $120 million. Currently, ARKB's historical total net inflow has reached $2.444 billion.

As of the time of writing, the total net asset value of Bitcoin spot ETFs was $126.152 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market value) reaching 6.07%, and the cumulative historical net inflow has reached $44.369 billion.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

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