PANews reported on November 8 that, according to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $558 million yesterday (November 7, Eastern Time).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was the Fidelity ETF FBTC, with a net outflow of $257 million. The total historical net inflow of FBTC is currently $12.003 billion.

The second largest outflow was from Ark Invest and 21Shares' ETF ARKB, with a net outflow of $144 million in a single day. ARKB's total historical net inflow has reached $1.905 billion.

As of press time, the total net asset value of Bitcoin spot ETFs was $138.082 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 $59.966 billion.