Bitcoin spot exchange-traded funds (ETFs) experienced notable outflows on December 4th, according to data from SoSoValue. A total net outflow of $195 million was recorded across the market, with Blackrock’s IBIT ETF leading the way with a single-day withdrawal of $113 million. Despite this recent downturn, IBIT remains significantly positive, boasting a historical total net inflow of $62.55 billion. Fidelity’s FBTC ETF followed with a $54.2 million outflow, while its historical total net inflow stands at $12.063 billion. As of the time of reporting, the total net asset value of Bitcoin spot ETFs reached $120.682 billion, with an ETF net asset ratio of 6.54% reflecting the market’s relative valuation to Bitcoin’s overall market capitalization. The historical cumulative net inflow stands at $57.563 billion.