Data: Bitcoin spot ETFs saw a total net outflow of $486 million yesterday, with Fidelity FBTC experiencing the largest net outflow at $248 million.

This article is machine translated
Show original

According to ChainCatcher, data from SoSoValue shows that Bitcoin spot ETFs saw a net outflow of $486 million yesterday (January 7th, Eastern Time).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was the Fidelity ETF FBTC, with a net outflow of $248 million. The total historical net inflow for FBTC is currently $11.835 billion.

The second largest outflow was from the BlackRock ETF IBIT, which saw a net outflow of $130 million in a single day. IBIT's total historical net inflow has reached $62.851 billion.

As of press time, the total net asset value of the Bitcoin spot ETF was $118.364 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 $57.052 billion.

Source
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.
Like
Add to Favorites
Comments