U.S. spot Bitcoin exchange-traded funds posted total net outflows of $487 million on Oct. 7, Eastern Time, according to SoSoValue. BlackRock’s IBIT recorded the largest single-day net outflow at $208 million, while Fidelity’s FBTC followed with $105 million in net outflows. Despite the daily pullback, IBIT’s cumulative historical net inflows stood at $65.717 billion, and FBTC’s reached $10.716 billion. As of press time, the total net asset value of spot Bitcoin ETFs was $107.401 billion. The ETF net asset ratio, measured as the share of Bitcoin’s total market capitalization, was 6.41%. Historical cumulative net inflows across spot Bitcoin ETFs reached $57.330 billion.
U.S. spot Bitcoin ETFs recorded total net outflows of $487 million on Oct. 7, Eastern Time, according to SoSoValue.
IBIT and FBTC posted the largest daily outflows
BlackRock’s IBIT saw the biggest single-day net outflow among spot Bitcoin ETFs, with $208 million leaving the fund. Its historical cumulative net inflows currently stand at $65.717 billion.
Fidelity’s FBTC ranked second, posting $105 million in daily net outflows. Its historical cumulative net inflows currently stand at $10.716 billion.
Latest aggregate figures
As of press time, the total net asset value of spot Bitcoin ETFs stood at $107.401 billion. The ETF net asset ratio, which measures ETF market value as a share of Bitcoin’s total market capitalization, was 6.41%, while historical cumulative net inflows reached $57.330 billion.
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