Bitcoin spot ETF had a total net outflow of US$139 million yesterday, the first single-day net outflow in 7 trading days

According to SoSoValue data, yesterday (March 1, EST), the total net outflow of Bitcoin spot ETFs was US$139 million, which was the first single-day net outflow in 7 trading days. Yesterday, Grayscale ETF GBTC had a single-day net outflow of US$492 million. The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a single-day net inflow of US$202 million. The current total historical net inflow of IBIT reached US$7.96 billion. Followed by Ark Invest and 21Shares ETF ARKB, with a single-day net inflow of approximately US$55.07 million, and the current total historical net inflow of ARKB reaches US$1.63 billion. In addition, the single-day net inflow of Fidelity ETF FBTC was approximately US$49.28 million, and the current total historical net inflow of FBTC reached US$4.82 billion. As of press time, the total net asset value of Bitcoin spot ETFs is US$48.22 billion, the ETF net asset ratio (market value as a proportion of Bitcoin’s total market value) reaches 3.91%, and the historical cumulative net inflow has reached US$7.35 billion. In response to today’s ETF outflows, Bloomberg ETF analyst James Seyffart said that nearly $140 million was outflowed from Bitcoin spot ETFs today. The reason for this large daily outflow must be related to the situation of Genesis and Gemini (the bankruptcy case was settled).