According to ChainCatcher, citing SoSoValue data, spot Bitcoin ETFs recorded total net outflows of $214 million on June 10 Eastern Time. The figure reflects the combined daily fund flow across spot Bitcoin ETF products, where net inflows indicate that more capital entered a product than left it during the day, while net outflows indicate that redemptions or withdrawals exceeded incoming capital.
Grayscale BTC and Fidelity FBTC recorded daily inflows
The spot Bitcoin ETF with the largest single-day net inflow was Grayscale Bitcoin Mini Trust ETF BTC. The product saw daily net inflows of $17.5167 million. Based on the SoSoValue figures cited in the report, BTC’s historical cumulative net inflows have reached $2.293 billion. This placed Grayscale’s BTC product at the top of the daily inflow list for the session, even as the broader spot Bitcoin ETF category recorded total net outflows.
Fidelity ETF FBTC ranked second by single-day net inflows, with $4.0397 million entering the product during the same reporting period. FBTC’s historical cumulative net inflows currently stand at $10.436 billion. Among the products specifically named in the report, Grayscale BTC and Fidelity FBTC were the two spot Bitcoin ETFs that posted daily net inflows, with Grayscale’s BTC product recording the larger daily inflow of the two.
Blackrock IBIT posted the largest daily outflow
The spot Bitcoin ETF with the largest single-day net outflow was Blackrock ETF IBIT. SoSoValue data showed that IBIT recorded daily net outflows of $148 million on June 10 Eastern Time. Despite the daily outflow, IBIT’s historical cumulative net inflows stood at $62.027 billion at the time of the data release, remaining the largest cumulative figure among the products named in the report.
As of the time of publication, the total net asset value of spot Bitcoin ETFs was $77.331 billion. The ETF net asset ratio, defined in the report as the share of spot Bitcoin ETF market value relative to Bitcoin’s total market capitalization, reached 6.24%. Historical cumulative net inflows into spot Bitcoin ETFs stood at $53.558 billion. On a daily basis, however, the category recorded combined net outflows of $214 million for June 10 Eastern Time.