@blockexplorer
According to SoSoValue, Bitcoin spot ETFs experienced a significant net outflow of $371 million yesterday (Eastern Time, March 11), marking the seventh straight day of drains. Notably, BlackRock's IBIT ETF and Fidelity's FBTC ETF saw single-day outflows of $151 million and $107 million, respectively. Despite these recent outflows, Bitcoin spot ETFs currently hold a total net asset value of $92.84 billion—accounting for 5.65% of Bitcoin's total market cap—and have accumulated $35.40 billion in historical net inflows. This trend underscores the ongoing investor caution amid market volatility and highlights the complex dynamics at play in the ETF landscape.
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