Bitcoin spot ETFs recorded a $244 million net outflow on October 8, with only Franklin’s EZBC ETF posting an inflow.

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On October 8 (EDT), Bitcoin spot ETFs recorded $244 million in outflows, according to SoSoValue data. The Franklin ETF EZBC was the only fund to experience inflows, adding $4.71 million. Fidelity’s FBTC led the outflows at $197 million, despite a total inflow of $10.52 billion. The total net asset value of Bitcoin spot ETFs now stands at $104.91 billion, with a cumulative net inflow of $57.09 billion.

ME News reports that, on October 9 (UTC+8), according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $244 million on October 8 (Eastern Time).

The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Franklin Bitcoin ETF EZBC, with a net inflow of $4.7143 million; EZBC's total historical net inflow now stands at $330 million.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity's FBTC, with a net outflow of $197 million; FBTC's total historical net inflow now stands at $10.519 billion.

As of press time, the total net asset value of spot Bitcoin ETFs is $104.914 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.38%, and cumulative net inflows reaching $57.086 billion.(Source: SoSoValue)

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