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Bitcoin spot ETFs recorded a $635 million net outflow on May 13, with BlackRock’s IBIT leading the outflow at $285 million.

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Bitcoin news reports that Bitcoin spot ETFs experienced a $635 million net outflow on May 13, according to Odaily. BlackRock’s IBIT led the outflow with $285 million departing, followed by Ark Invest and 21Shares’ ARKB with $177 million. Bitcoin analysis shows the ETFs still hold $105.01 billion in net assets, with a cumulative inflow of $58.49 billion.

Odaily Planet Daily reports, according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $635 million yesterday (Eastern Time, May 13).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock’s IBIT, with a net outflow of $285 million; IBIT’s total historical net inflow now stands at $65.773 billion.

Second is the ARKB ETF from Ark Invest and 21Shares, with a single-day net outflow of $177 million; the total historical net inflow for ARKB now stands at $1.451 billion.

As of the time of publication, the total net asset value of spot Bitcoin ETFs is $105.01 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.58%, and cumulative net inflows since inception reaching $58.499 billion.

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