Bitcoin Spot ETF Faces $409 Million Net Outflow Amid Grayscale Trust Trends

On March 7th, data from SoSoValue revealed that the Bitcoin spot ETF experienced a staggering **net outflow** of **$409 million**. This significant outflow was accompanied by the Grayscale ETF, **GBTC**, which reported a **daily net outflow** of **$36.46 million**, bringing its historical net outflow to a substantial **$22.421 billion**. Meanwhile, the **Grayscale Bitcoin Trust ETF (BTC)** maintained a steady position with a **daily net outflow** of **$0.00**, resulting in a total net inflow of **$1.086 billion** for the BTC fund.

In stark contrast, the **VanEck ETF HODL** emerged as a bright spot among Bitcoin ETFs, recording a **daily net inflow** of **$619,600**, culminating in a remarkable **total net inflow** of **$828 million**. At the time of this report, the overall **net asset value** of the Bitcoin spot ETF stood at **$98.483 billion**, with a net asset ratio of **5.71%**, signifying its market value relative to the total Bitcoin market value. Cumulatively, the Bitcoin spot ETF has seen net inflows reach **$36.142 billion**, underscoring the ongoing interest in Bitcoin investment vehicles.