Crypto
Bitcoin Spot ETFs Suffer $283M Net Outflow on September 10
Bitcoin spot exchange-traded funds (ETFs) saw significant activity on September 10, according to data from SoSoValue. The total net outflow for the day reached $283 million.
The Morgan Stanley ETF MSBT recorded a notable single-day net inflow of $3.9792 million, pushing its total historical net inflow to $525 million. In contrast, ARKB, managed by Ark Invest and 21Shares, experienced the largest single-day net outflow with $164 million.
The ARKB ETF's total historical net inflow now stands at $1.223 billion. The total net asset value of spot Bitcoin ETFs is currently at $97.49 billion, representing a net asset ratio of 6.28% to Bitcoin's market cap.