Bitcoin spot ETFs saw a total net outflow of $175 million yesterday, marking the fifth consecutive day of net outflows.

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According to data from SoSoValue, Bitcoin spot ETFs saw a net outflow of $175 million yesterday (December 24th, Eastern Time).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock ETF IBIT, with a net outflow of $91.3726 million. IBIT's total historical net inflow has reached $62.249 billion.

The second largest outflow was from the Grayscale ETF GBTC, which saw a net outflow of $24.6211 million in a single day. GBTC's total historical net outflow has reached $25.177 billion.

As of press time, the total net asset value of Bitcoin spot ETFs was $113.833 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.51%, and a historical cumulative net inflow of $56.901 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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