Bitcoin spot ETF recorded a net outflow of 1.33 billion USD during the week of 19–23/1 (Eastern Time), according to SoSoValue data.
The withdrawal activity is concentrated in large funds such as IBIT and FBTC, in the context of the total net asset value of the Bitcoin spot ETF group still at 115.88 billion USD and the net asset ratio of ETF equivalent to 6.48% of the total Bitcoin market capitalization.
MAIN CONTENT
Bitcoin spot ETF had a net withdrawal of 1.33 billion USD during the week of 19–23/1.
IBIT net withdrawal of 537 million USD; FBTC net withdrawal of 451 million USD.
Total NAV 115.88 billion USD; ratio 6.48%; cumulative net inflow 56.49 billion USD.
Net cash flow for the week of January 19 to 23: IBIT and FBTC lead the way.
From January 19 to 23 (Eastern Time), Bitcoin spot ETF recorded a net withdrawal of 1.33 billion USD.
The fund with the largest net withdrawal is BlackRock ETF IBIT: 537 million USD this week. However, the total historical net inflow of IBIT is currently 62.9 billion USD.
Behind IBIT is Fidelity ETF FBTC, with a net withdrawal of 451 million USD this week. The total historical net inflow of FBTC currently stands at 11.46 billion USD, indicating that this week's withdrawal has not erased the longer-term accumulation.
The scale of the Bitcoin spot ETF market and overall indicators
At the time of reporting, the total net asset value (NAV) of the Bitcoin spot ETF is 115.88 billion USD.
The net asset ratio of the ETF (the market capitalization of the ETF compared to the total market capitalization of Bitcoin) reached 6.48%. This index reflects the presence of the Bitcoin spot ETF group within the overall capitalization structure of Bitcoin.
At the same time, the cumulative net inflow of the Bitcoin spot ETF is 56.49 billion USD. The data is cited according to SoSoValue data.
Source: https://tintucbitcoin.com/etf-bitcoin-giao-ngay-rut-rong-13-ty-usd/
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