Bitcoin spot ETFs recorded a $146 million net outflow on May 8, with Fidelity's FBTC leading the outflow at $97.6 million.

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Bitcoin news reports that Bitcoin spot ETFs experienced a $146 million net outflow on May 8 (EDT). Fidelity’s FBTC led with a $97.6 million outflow, while Morgan Stanley’s MSBT recorded the largest inflow at $5.74 million. The total net asset value of Bitcoin spot ETFs stands at $106.61 billion, representing 6.67% of Bitcoin’s market cap. Bitcoin analysis indicates ongoing shifts in investor sentiment.

Odaily Planet Daily reports, according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $146 million yesterday (Eastern Time, May 8).

The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, with a net inflow of $5.7385 million; MSBT's total historical net inflow now stands at $194 million.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity’s FBTC, with a net outflow of $97.60 million; FBTC’s total historical net inflow now stands at $11.134 billion.

As of the time of publication, the total net asset value of spot Bitcoin ETFs is $106.611 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.67%, and cumulative net inflows to date reaching $59.34 billion.

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