Bitcoin Spot ETFs Record $412M in Net Outflows Yesterday, BlackRock's IBIT Leads With $403M

Nov. 7 — According to SoSoValue data, Bitcoin spot ETFs saw total net outflows of $412 million yesterday (Nov. 6, US Eastern Time).

The Bitcoin spot ETF with the largest single-day net inflow yesterday was Fidelity's ETF FBTC, with a single-day net inflow of $42.8235 million. FBTC's all-time total net inflow now stands at $10.266 billion.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF IBIT, with a single-day net outflow of $403 million. IBIT's all-time total net inflow now stands at $65.101 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $95.897 billion, the ETF net asset ratio (market value as a share of Bitcoin's total market value) is 6.28%, and cumulative historical net inflows have reached $55.699 billion.