Bitcoin spot ETFs recorded a $120 million net outflow on September 9, with ARKB leading the exit at $77.98 million.

iconKuCoinFlash
Share
This is the logo of the coin.
BTC
$77,945.200.99%
AI summary iconSummary
Bitcoin news from on-chain data shows that spot ETFs experienced a $120 million net outflow on September 9, according to SoSoValue. ARKB, managed by Ark Invest and 21Shares, recorded the largest outflow at $77.98 million. MSBT from Morgan Stanley posted the highest inflow at $44.91 million. Total net assets in Bitcoin spot ETFs now stand at $99.33 billion, representing 6.31% of Bitcoin’s market capitalization.

ME News reports that, on September 10 (UTC+8), according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $120 million yesterday (September 9, Eastern Time).

The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, with a net inflow of $4.4906 million; MSBT's total historical net inflow now stands at $521 million.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was ARKB, managed by Ark Invest and 21Shares, with a net outflow of $77.98 million; ARKB's total historical net inflow now stands at $1.387 billion.

As of the time of writing, the total net asset value of spot Bitcoin ETFs is $99.327 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.31%, and cumulative net inflows to date reaching $55.451 billion. (Source: SoSoValue)

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.