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Spot Bitcoin ETFs see $263 million in net redemptions, snapping nine-day inflow streak

Spot Bitcoin exchange-traded funds (ETFs) posted a combined net outflow of $263 million on April 27 (U.S. Eastern Time), ending nine consecutive days of net inflows, according to SoSoValue data cited by ME News. Fidelity's FBTC led the day's redemptions with a net outflow of $150 million, bringing its cumulative historical net inflows to $10.883 billion. Grayscale's GBTC followed with a single-day net outflow of $46.6259 million, lifting its cumulative historical net outflow to $26.262 billion. As of press time, spot Bitcoin ETFs held $101.234 billion in total net asset value. Their net asset ratio—market value as a share of Bitcoin's total market cap—stood at 6.57%, while cumulative net inflows reached $58.301 billion. (Source: SoSoValue)
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