Bitcoin Spot ETFs Experience Significant Net Outflows

Bitcoin spot ETFs saw a total net outflow of $52.1092 million on March 20, according to Odaily. The VanEck ETF HODL recorded the highest single-day net inflow of $2.9646 million, bringing its historical total net inflow to $1.182 billion. Conversely, the Blackrock ETF IBIT experienced the largest single-day net outflow of $45.9441 million, with its historical total net inflow reaching $63.257 billion. As of the latest data, the total net asset value of Bitcoin spot ETFs stands at $90.301 billion, with an ETF net asset ratio of 6.44% compared to Bitcoin's total market value. The cumulative historical net inflow has reached $56.231 billion.