Bitcoin spot ETFs post $263 million net outflow on April 27, snapping a nine-day inflow streak
Bitcoin spot ETFs saw a combined net outflow of $263 million on April 27 (U.S. Eastern Time), according to SoSoValue data cited by Odaily Planet Daily.
Fidelity's FBTC led the day's withdrawals, with $150 million in net outflows, bringing its cumulative historical net inflow to $10.883 billion. Grayscale's GBTC ranked second, posting $46.6259 million in net outflows; its cumulative historical net outflow now totals $26.262 billion.
At the time of publication, spot Bitcoin ETFs held $101.234 billion in total net asset value. Their net asset ratio—ETF market value as a share of Bitcoin's total market capitalization—stood at 6.57%, while cumulative net inflows since launch reached $58.301 billion.