According to PANews, on December 26 (EST), Bitcoin spot ETFs experienced a total net outflow of $276 million, marking the sixth consecutive day of outflows. BlackRock's IBIT led with a $193 million outflow, while Fidelity's FBTC saw $74.38 million exit. As of the report, the total net asset value of Bitcoin spot ETFs stood at $113.53 billion, with a net asset ratio of 6.49% of Bitcoin's total market cap. Cumulative net inflows since inception reached $56.63 billion.
Bitcoin Spot ETFs Record $276M Net Outflow on Dec 26, Sixth Consecutive Day of Outflows
KuCoinFlashShare
Summary
Bitcoin news reports that on December 26 (EST), Bitcoin spot ETFs faced a $276 million net outflow, the sixth straight day of outflows. BlackRock’s IBIT saw $193 million in outflows, while Fidelity’s FBTC lost $74.38 million. The total net asset value of Bitcoin spot ETFs remains at $113.53 billion, with a 6.49% net asset ratio against Bitcoin’s market cap. Cumulative inflows since launch stand at $56.63 billion.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.