Bitcoin spot ETFs saw a net outflow of $349 million yesterday, with none of the twelve ETFs experiencing net inflows.

PANews reported on March 7 that, according to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $349 million yesterday (March 6, Eastern Time).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was the Fidelity ETF FBTC, with a net outflow of $159 million. The total historical net outflow for FBTC is currently $153 million.

The second largest outflow was from the BlackRock ETF IBIT, which saw a net outflow of $143 million in a single day. IBIT's total historical net inflow has reached $660 million.

As of press time, the total net asset value of Bitcoin spot ETFs was $87.075 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.39%, and a cumulative net inflow of $55.369 billion.