Bitcoin Spot ETF Experiences Significant Outflow

According to PANews, data from SoSoValue indicates that on January 7, Eastern Time, Bitcoin spot ETFs experienced a total net outflow of $486 million in a single day. Fidelity's FBTC led the outflow with $248 million, followed by BlackRock's IBIT with $130 million. Currently, the total net asset value of Bitcoin spot ETFs stands at $118.364 billion, with cumulative net inflows reaching $57.052 billion, accounting for 6.51% of Bitcoin's total market value.