According to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $229 million yesterday (Eastern Time, May 28).
The Bitcoin spot ETF with the largest single-day net outflow was Blackrock's ETF IBIT, which saw a net outflow of $178 million. IBIT's historical total net inflow now stands at $63.875 billion.
Next was Grayscale's ETF GBTC, with a single-day net outflow of $26.1938 million. GBTC's historical total net outflow has now reached $26.616 billion.
As of press time, the total net asset value of Bitcoin spot ETFs stands at $94.250 billion, with the ETF net asset ratio (market cap relative to Bitcoin's total market cap) at 6.39%. The historical cumulative net inflow has reached $55.788 billion.
Bitcoin spot ETFs saw a total net outflow of $229 million yesterday, marking a ninth consecutive day of net outflows
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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