Bitcoin Spot ETFs Experience Significant Outflows

According to Odaily, data from SoSoValue indicates that on January 7, Eastern Standard Time, Bitcoin spot ETFs saw a total net outflow of $486 million. The Fidelity ETF FBTC experienced the largest single-day net outflow, amounting to $248 million. Despite this, FBTC's historical total net inflow stands at $11.835 billion. Following closely, the Blackrock ETF IBIT recorded a single-day net outflow of $130 million, with its historical total net inflow reaching $62.851 billion. As of the time of reporting, the total net asset value of Bitcoin spot ETFs is $118.364 billion, with an ETF net asset ratio of 6.51% compared to Bitcoin's total market value. The historical cumulative net inflow has reached $57.052 billion.