Odaily Planet Daily News: According to data from SoSoValue, Bitcoin spot ETFs saw total net outflows of $487 million yesterday (October 7, U.S. Eastern Time).
The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock’s IBIT, with an outflow of $208 million. IBIT’s cumulative net inflows to date now total $65.717 billion.
Fidelity’s FBTC came next, with a single-day net outflow of $105 million. FBTC’s cumulative net inflows to date now total $10.716 billion.
As of press time, Bitcoin spot ETFs had total net assets of $107.401 billion, with an ETF net asset ratio (market capitalization as a share of Bitcoin’s total market capitalization) of 6.41%. Cumulative net inflows to date reached $57.330 billion.
