TechFlow reports, according to SoSoValue data, that yesterday (February 21, Eastern Time) Bitcoin spot ETFs saw a total net outflow of $35.66 million—marking the first single-day net outflow since January 25 after 17 consecutive days of net inflows.
Yesterday, Grayscale’s ETF GBTC recorded a single-day net outflow of $199 million. BlackRock’s ETF IBIT was the top-performing Bitcoin spot ETF with a daily net inflow of $96.52 million, though this marks the fourth consecutive day of declining net inflows. IBIT's historical cumulative net inflow now stands at $5.62 billion.
Fidelity’s ETF FBTC followed with a daily net inflow of approximately $71.74 million, bringing its total historical net inflow to $3.9 billion.
At the time of reporting, the total net asset value of Bitcoin spot ETFs reached $37.13 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) at 3.71%. The historical cumulative net inflow into Bitcoin spot ETFs has reached $5.14 billion.
