Svmuu News: According to SoSoValue data, the Bitcoin spot ETF recorded total net outflows of $240 million yesterday (July 24, Eastern Time).
The Bitcoin spot ETF with the largest single-day net outflow yesterday was the BlackRock (BlackRock) ETF (IBIT), with a net outflow of $212 million. IBIT’s total historical net inflows currently stand at $60.394 billion.
Second was Fidelity’s (Fidelity) ETF FBTC, with a single-day net outflow of $27.9116 million; FBTC’s total historical net inflows currently stand at $10.0005 billion.
As of press time, the total net asset value of the Bitcoin spot ETF stood at $77.823 billion, with the ETF’s net asset ratio (its market value as a percentage of the total market capitalization of the Bitcoin) reaching 6.05%; its cumulative historical net inflows have reached $51.386 billion.
Bitcoin Spot ETFs saw total net outflows of $240 million yesterday, with BlackRock's IBIT leading the way with net outflows of $212 million.
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