PANews reported on May 8 that, according to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $277 million yesterday (May 7, Eastern Time).

The Bitcoin spot ETF with the largest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, with a net inflow of $7.3461 million. MSBT's total historical net inflow has now reached $188 million.

The second largest net inflow was into Grayscale's Bitcoin Mini Trust ETF (BTC), with a single-day net inflow of $5.6709 million. BTC's total historical net inflow has now reached $2.291 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was the Fidelity ETF FBTC, with a net outflow of $129 million. The total historical net inflow of FBTC is currently $11.232 billion.

As of press time, the total net asset value of Bitcoin spot ETFs was $106.766 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.67%, and a historical cumulative net inflow of $59.486 billion.