According to PANews, data from SoSoValue reveals that on February 21, Bitcoin spot ETFs experienced a total net outflow of $35.66 million. This marks the first single-day net outflow since January 25, following 17 consecutive trading days of net inflows. Grayscale's ETF GBTC saw a single-day net outflow of $199 million on the same day.
The Bitcoin spot ETF with the highest single-day net inflow was BlackRock's ETF IBIT, with a net inflow of $96.52 million. This marks the fourth consecutive trading day of decreasing net inflows for IBIT, which now has a historical total net inflow of $5.62 billion. Fidelity's ETF FBTC followed with a single-day net inflow of approximately $71.74 million, bringing its historical total net inflow to $3.9 billion.
As of the time of writing, the total net asset value of Bitcoin spot ETFs stands at $37.13 billion, with an ETF net asset ratio (market value relative to Bitcoin's total market value) of 3.71%. The historical cumulative net inflow has reached $5.14 billion.
