coin-img-ETHETH-5.05%coin-img-BTCBTC-3.80%coin-img-SOLSOL-6.67%coin-img-XAUTXAUT-2.45%coin-img-PAXGPAXG-2.19%coin-img-BASEDBASED-1.35%coin-img-CDDCDD+247.41%coin-img-XRPXRP-3.45%coin-img-ETHETH-5.05%coin-img-BTCBTC-3.80%coin-img-SOLSOL-6.67%coin-img-XAUTXAUT-2.45%coin-img-PAXGPAXG-2.19%coin-img-BASEDBASED-1.35%coin-img-CDDCDD+247.41%coin-img-XRPXRP-3.45%coin-img-ETHETH-5.05%coin-img-BTCBTC-3.80%coin-img-SOLSOL-6.67%coin-img-XAUTXAUT-2.45%coin-img-PAXGPAXG-2.19%coin-img-BASEDBASED-1.35%coin-img-CDDCDD+247.41%coin-img-XRPXRP-3.45%coin-img-ETHETH-5.05%coin-img-BTCBTC-3.80%coin-img-SOLSOL-6.67%coin-img-XAUTXAUT-2.45%coin-img-PAXGPAXG-2.19%coin-img-BASEDBASED-1.35%coin-img-CDDCDD+247.41%coin-img-XRPXRP-3.45%

Bitcoin spot ETFs post $174 million net outflow on April 1; BlackRock's IBIT logs $865.22 million in redemptions

Bitcoin spot ETFs saw a combined net outflow of $174 million on April 1 (ET), according to SoSoValue data cited by ChainCatcher. Grayscale's Bitcoin Mini Trust ETF (BTC) led daily inflows, adding $10.25 million. Its cumulative net inflows now total $2.191 billion. BlackRock's iShares Bitcoin Trust (IBIT) recorded the largest daily outflow, with $865.22 million redeemed. IBIT's cumulative net inflows stand at $63.118 billion. As of the latest update, total net asset value across Bitcoin spot ETFs is $87.707 billion. The ETF net asset ratio—ETF market value as a share of Bitcoin's total market capitalization—is 6.43%, and cumulative net inflows across the category have reached $55.948 billion.
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