Bitcoin Spot ETFs Experience $395M Net Outflow on January 16, with BlackRock's IBIT as the Only Net Inflow

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Bitcoin news reports that on January 16 (U.S. Eastern Time), Bitcoin spot ETFs recorded a total net outflow of $395 million. BlackRock's IBIT was the only ETF with a net inflow of $15.09 million, bringing its cumulative net inflow to $63.44 billion. Fidelity's FBTC saw the largest outflow of $205 million, with a total inflow of $11.92 billion. The total net asset value of Bitcoin spot ETFs stood at $124.56 billion, representing 6.53% of Bitcoin's market cap, with a historical cumulative net inflow of $57.82 billion. Bitcoin analysis suggests market dynamics remain closely watched by traders.

Odaily Planet News: According to SoSoValue data, yesterday (Eastern US time, January 16) the total net outflow from Bitcoin spot ETFs was $395 million.

The Bitcoin spot ETF with the highest net inflow in a single day yesterday was BlackRock's IBIT ETF, which saw a net inflow of $15.0937 million in one day. Currently, the total historical net inflow for IBIT has reached $6.3441 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity's FBTC ETF, which experienced a net outflow of $205 million. Currently, FBTC's total historical net inflow stands at $11.916 billion.

As of the time of writing, the total net asset value (NAV) of Bitcoin spot ETFs reached $124.563 billion, with the ETF net asset ratio (market value relative to Bitcoin's total market value) reaching 6.53%. The cumulative net inflow in history has already reached $57.822 billion.

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