PANews reported on May 20 that, according to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $331 million yesterday (May 19, Eastern Time).
The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock ETF IBIT, with a net outflow of $326 million. IBIT's total historical net inflow has reached $65.007 billion.
The second largest outflow was from the Valkyrie ETF BRRR, which saw a net outflow of $3.7915 million in a single day. BRRR's total historical net inflow has reached $318 million.
As of press time, the total net asset value of the Bitcoin spot ETF was US$100.286 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.5%, and a historical cumulative net inflow of US$57.36 billion.
