Bitcoin spot ETFs recorded a $643 million net outflow on October 30, with IBIT leading.

iconChainthink
Share
AI summary iconSummary
Bitcoin breaking news: As of October 30, Bitcoin spot ETFs recorded a $643 million net outflow. BlackRock’s IBIT led with a $234 million outflow, followed by Fidelity’s FBTC with $201 million. Total net assets now stand at $98.14 billion, with a net asset ratio of 6.34%. Cumulative net inflow amounts to $56.98 billion. IBIT and FBTC have historical inflows of $66.31 billion and $10.17 billion, respectively. Bitcoin news continues to shape market movements.

ChainThink reports, according to SoSoValue data, that on October 30 Eastern Time, the total net outflow from spot Bitcoin ETFs was $643 million.

BlackRock’s IBIT recorded the largest single-day net outflow of $234 million among all spot Bitcoin ETFs; Fidelity’s FBTC saw a net outflow of $201 million.

As of the time of this report, the total net asset value of spot Bitcoin ETFs is $98.14 billion, with a net asset ratio of 6.34% and cumulative net inflows since inception of $56.98 billion.

The cumulative net inflows for IBIT and FBTC are $66.311 billion and $10.172 billion, respectively.

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.