Bitcoin Spot ETFs Log $643M Net Outflow Yesterday, Led by BlackRock's IBIT With $234M

October 31 — According to SoSoValue data, bitcoin spot ETFs recorded a total net outflow of $643 million yesterday (October 30, US Eastern Time).

BlackRock's ETF IBIT posted the largest single-day net outflow among bitcoin spot ETFs yesterday at $234 million, and its cumulative historical net inflow now stands at $66.311 billion.
Fidelity's ETF FBTC came next with a single-day net outflow of $201 million, and its cumulative historical net inflow now stands at $10.172 billion.

As of press time, the total net assets of bitcoin spot ETFs stood at $98.140 billion, with the ETF net asset ratio (market value as a share of bitcoin's total market cap) at 6.34%, and cumulative historical net inflows of $56.980 billion.