Bitcoin spot ETF had a total net outflow of US$93.85 million yesterday, with net outflows continuing for four consecutive days

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Bitget2024/03/22 05:45

By:Bitget

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

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

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

Followed by the Bitwise ETF BITB, the single-day net inflow is approximately US$12.1 million, and the current total historical net inflow of BITB reaches US$1.5 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is US$53.76 billion, the ETF net asset ratio (market value as a proportion of the total market value of Bitcoin) reaches 4.18%, and the cumulative historical net inflow has reached US$11.32 billion.

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.

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