Bitcoin spot ETFs post $159 million net outflow on April 7; Fidelity's FBTC leads withdrawals with $47.8 million
ChainCatcher cited SoSoValue data showing U.S. Bitcoin spot ETFs logged a combined net outflow of $159 million on April 7 (U.S. Eastern Time).
Valkyrie's Bitcoin ETF (BRRR) posted the largest single-day net inflow, adding $2.3227 million. Its cumulative net inflows stand at $3.39 billion.
Fidelity's Bitcoin ETF (FBTC) recorded the biggest single-day net outflow, with $47.8457 million leaving the fund. FBTC's cumulative net inflows total $11.06 billion.
As of the latest update, Bitcoin spot ETFs hold $88.706 billion in total net assets. Their net asset ratio—ETF market value as a share of Bitcoin's total market capitalization—is 6.39%. Cumulative net inflows since launch have reached $56.27 billion.