TechFlow news, according to SoSoValue data, yesterday (May 7, Eastern Time) Bitcoin spot ETFs saw a total net outflow of $15.64 million.
Yesterday, Grayscale's ETF GBTC experienced a single-day net outflow of $28.61 million, bringing GBTC's historical cumulative net outflow to $17.487 billion.
The Bitcoin spot ETF with the largest single-day net inflow yesterday was BTCO from Invesco and Galaxy Digital, recording a daily net inflow of $5.99 million. BTCO's historical cumulative net inflow has now reached $284 million.
Second was Fidelity's ETF FBTC, which saw a daily net inflow of $4.14 million, bringing FBTC's historical cumulative net inflow to $8.134 billion.
As of this report, the total net asset value of Bitcoin spot ETFs stands at $52.21 billion. The ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) has reached 4.21%, with historical cumulative net inflows totaling $11.762 billion.
