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The US Bitcoin spot ETF had a net outflow of $123 million yesterday, with the ETF net asset ratio reaching 5.45%

The US Bitcoin spot ETF had a net outflow of $123 million yesterday, with the ETF net asset ratio reaching 5.45%

Bitget2024/11/27 06:23
BTC+1.20%

According to SoSoValue data, yesterday (Eastern Time November 26), the total net outflow of Bitcoin spot ETF was $123 million.

Yesterday, Grayscale's ETF GBTC had a single-day net outflow of $36.1353 million, and the current historical net outflow of GBTC is $20.52 billion. Grayscale's Bitcoin Mini Trust ETF BTC had a single-day net inflow of $4.8394 million, and the current total historical net inflow for Grayscale's Bitcoin Mini Trust BTC is $702 million. The Bitcoin spot ETF with the most significant single-day net inflow yesterday was Bitwise ETF BITB, with a single-day net inflow of $6.4654 million; currently, BITB has reached a total historical net inflow of $2.161 billion.

As of press time, the total asset value of Bitcoin spot ETFs is at about 98.15 billion dollars; The ratio between their Net Asset Value (NAV) and bitcoin’s market cap stands at 5.45%. The cumulative historic influx into these funds totals around 30.281 billion dollars.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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