Bitcoin spot ETFs recorded a $145 million net outflow on August 10, with BlackRock’s IBIT leading the outflow at $53.56 million.

iconKuCoinFlash
Share
AI summary iconSummary
Bitcoin news reports that Bitcoin spot ETFs experienced a $145 million net outflow on August 10 (EDT). BlackRock’s IBIT led with a $53.56 million outflow, while Grayscale’s BTC ETF recorded the largest inflow at $37.06 million. Total net assets for Bitcoin spot ETFs now stand at $78.16 billion, representing 6.07% of Bitcoin’s market cap. Bitcoin analysis indicates ongoing shifts in investor sentiment.

Odaily Planet Daily report: According to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $145 million yesterday (Eastern Time, August 10).

The Bitcoin spot ETF with the highest single-day net inflow yesterday was Grayscale Bitcoin Mini Trust ETF (BTC), with a net inflow of $37.0568 million; BTC's total historical net inflow now stands at $2.7 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock’s IBIT, with a net outflow of $53.56 million; IBIT’s total historical net inflow now stands at $61.121 billion.

As of the time of publication, the total net asset value of spot Bitcoin ETFs is $78.164 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.07%, and cumulative net inflows since inception reaching $52.033 billion.

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.