Spot Bitcoin ETFs See $185 Million Net Outflow, Seventh Straight Day of Withdrawals
OdailyOdaily News: According to SoSoValue data, spot Bitcoin ETFs recorded a total net outflow of $185 million yesterday (Nov. 13, US Eastern Time), marking the seventh consecutive day of net outflows.
BlackRock's ETF IBIT saw the largest single-day net outflow yesterday at $144 million, with cumulative historical net inflows now reaching $64.193 billion. Fidelity's ETF FBTC followed with a single-day net outflow of $41.9192 million, bringing its cumulative historical net inflows to $10.154 billion.
As of press time, the total net asset value of spot Bitcoin ETFs stands at $86.2 billion, with a net asset ratio of 6.22% and cumulative historical net inflows of $54.633 billion.
This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.