Bitcoin spot ETFs saw a total net outflow of $635 million yesterday, with BlackRock's IBIT leading with a net outflow of $254 million

Odaily reports: According to SoSoValue data, yesterday (US Eastern Time, October 22), Bitcoin spot ETFs recorded a total net outflow of $635 million.

The Bitcoin spot ETF with the largest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, with a single-day net inflow of $2.33 million. MSBT's historical total net inflow now stands at $771 million.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF IBIT, with a single-day net outflow of $254 million. IBIT's historical total net inflow now stands at $66.244 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $104.708 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) reaching 6.41%. Historical cumulative net inflow has reached $57.321 billion.