Bitcoin Spot ETF Total Net Outflows of $127 Million Yesterday, First Net Outflow After 8 Consecutive Days of Net Inflow
According to SoSoValue data, the Bitcoin Spot ETF saw a total net outflow of $127 million yesterday (August 27th, EST), the first net outflow after eight consecutive days of net inflows. Yesterday's Grayscale ETF, GBTC, saw a one-day net outflow of $18,315,400, and GBTC's historical net outflow now stands at $19,751 million. The Grayscale Bitcoin Mini-Trust ETF BTC had a single-day net outflow of $0.00, and the total historical net inflow of Grayscale Bitcoin Mini-Trust BTC now stands at $357 million.
As of this writing, the Bitcoin Spot ETF has a total net asset value of $57.068 billion, an ETF NAV ratio (market capitalization to total bitcoin market capitalization) of 4.67%, and a cumulative historical net inflow of $17.952 billion.
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