The post Bitcoin Spot ETF Sees $559 Million Net Outflow Amid Fluctuating Inflows and Historical Trends appeared on BitcoinEthereumNews.com.

According to recent data from SoSoValue, the Bitcoin spot ETF market experienced significant fluctuations from February 18th to February 21st. During this trading period, the sector recorded a substantial net outflow of approximately 559 million US dollars. Notably, the VanEck Bitcoin ETF HODL emerged as the top performer with a net inflow of 4.13 million US dollars, leading its historical net total to reach 871 million US dollars. In contrast, the Fidelity Bitcoin ETF (FBTC) faced the largest outflow, amounting to 166 million US dollars, while still maintaining a considerable historical net inflow of 12.33 billion US dollars. Currently, the cumulative net asset value of all Bitcoin spot ETFs has stabilized at 110.795 billion US dollars, reflecting an ETF net asset ratio of 5.88% when benchmarked against the total Bitcoin market value. Overall, the total historical inflows for Bitcoin spot ETFs now tally at 39.556 billion US dollars, illustrating ongoing market dynamics within the cryptocurrency landscape. Source: https://en.coinotag.com/breakingnews/bitcoin-spot-etf-sees-559-million-net-outflow-amid-fluctuating-inflows-and-historical-trends/

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Filed under: News - @ February 24, 2025 4:12 am