Bitcoin Spot ETF Faces $1.139 Billion Net Outflow as Grayscale Trusts Record Significant Withdrawals
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According to recent data from SoSoValue, the total net outflow for the Bitcoin spot ETF reached a staggering $1.139 billion on February 25th (US Eastern Time). This decline highlights ongoing market volatility and investor apprehension in the crypto space. Additionally, the Grayscale ETF known as GBTC experienced a significant net outflow of $66.1434 million within the same timeframe, bringing its cumulative net outflow to a notable $22.232 billion.
Moreover, the Grayscale Bitcoin Mini Trust ETF recorded a daily net outflow of $85.7628 million, despite a historical total net inflow of $1.107 billion. As of the last reporting, the total net asset value (NAV) of the Bitcoin spot ETF stands at approximately $101.012 billion. This represents an ETF net asset ratio of 5.78%, with historical cumulative net inflows now exceeding $37.878 billion, emphasizing the ETF’s role in the larger Bitcoin market landscape.
