The Bitcoin spot ETF had a total net outflow of 93.85 million US dollars yesterday, continuing the net outflow for four days

2024/03/22 04:18

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

According to SoSoValue data, yesterday (Eastern Time March 22), the total net outflow of Bitcoin spot ETF was $93.85 million.

Yesterday, Grayscale's ETF GBTC had a single-day net outflow of $358 million, and the current historical net outflow of GBTC is $13.63 billion.

The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's ETF IBIT, with a single-day net inflow of $233 million. The current total historical net inflow for IBIT has reached $13.32 billion.

Next is Bitwise's ETF BITB with an approximate single-day net inflow of $12.1 million; its total historical net inflows have reached $1.5 billion so far.

As of press time, the total asset value of Bitcoin spot ETFs is at about $53.76 billion; their ratio in terms of market capitalization compared to Bitcoin’s overall market cap stands at 4.18%, and their cumulative historic influx amounts to approximately 11.32 billion dollars.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The Bitcoin spot ETF had a total net outflow of 93.85 million US dollars yesterday, continuing the net outflow for four days

You may also like

Crypto prices