Bitcoin spot ETFs had a total net outflow of $278 million yesterday, and none of the twelve ETFs had a net inflow
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Planet Daily News: According to SoSoValue data, on June 5th (Eastern Time), the total net outflow of Bitcoin spot ETFs was $278 million. The Bitcoin spot ETF with the largest single-day net outflow was ARKB from Ark Invest and 21Shares, with a net outflow of $102 million. ARKB's historical total net inflow has reached $2.408 billion. Following that, Fidelity's ETF FBTC had a single-day net outflow of $80.17 million, with its historical total net inflow reaching $11.415 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs was $122.978 billion, with the ETF net asset ratio (market value relative to Bitcoin's total market value) reaching 6.16%, and the cumulative historical net inflow has reached $44.288 billion.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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