Bitcoin Spot ETFs See Record Net Inflows and Outflows

Recent data from SoSoValue reveals a dynamic picture for Bitcoin spot ETFs, showcasing both significant inflows and outflows on May 15th (Eastern Time). Notably, Blackrock’s ETF IBIT recorded the largest single-day net inflow of $410 million, bringing its cumulative total to an impressive $45.423 billion. Conversely, Ark Invest and 21Shares’ ARKB ETF experienced a substantial outflow of $132 million, with its historical net inflow reaching $2.567 billion. As of the reporting date, Bitcoin spot ETFs boast a total net asset value of $121.469 billion, representing an ETF net asset ratio of 5.91% compared to Bitcoin’s overall market capitalization. The cumulative historical net inflow has reached a substantial $41.514 billion.