Bitcoin spot ETF has seen net outflows for 3 consecutive days, with IBIT experiencing a single-day outflow of 213000000 USD.
BIBIBI
AT A GLANCE
PANews, citing SoSoValue data, reported that on November 9, Bitcoin spot ETFs experienced net outflows of 201000000 USD, marking three consecutive days of net outflows.
Article
Bitcoin spot ETFs saw total net outflows of 201000000 USD yesterday, marking three consecutive days of net outflows.
PANews November 10 reports that, according to SoSoValue data, Bitcoin spot ETFs experienced total net outflows of 201000000 USD yesterday (November 9, Eastern Time). The Bitcoin spot ETF with the largest single-day net inflow yesterday was Morgan Stanley's MSBT, with a net inflow of 22061900 USD; MSBT's cumulative net inflows now stand at 805000000 USD. The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's IBIT, with a net outflow of 213000000 USD; IBIT's cumulative net inflows currently total 64888000000 USD. As of press time, the total net asset value of Bitcoin spot ETFs was 94435000000 USD, and the ETF net asset ratio (market capitalization relative to total Bitcoin...
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Key points
01
The report refers to yesterday as November 9, Eastern Time, with total net outflows of 201000000 USD from Bitcoin spot ETFs, marking three consecutive days of net outflows.
02
Morgan Stanley ETF MSBT had a net inflow of 22061900 USD today, making it the Bitcoin spot ETF with the largest net inflow for the day; its total historical net inflow is 805000000 USD.
03
BlackRock’s ETF IBIT saw a net outflow of 213000000 USD today, making it the Bitcoin spot ETF with the largest net outflow for the day; its total historical net inflow is 64888000000 USD.
04
As of press time, the total net asset value of Bitcoin spot ETFs was 94435000000 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This data describes fund flows: there is an overall net outflow, but not every ETF is experiencing outflows; MSBT still has a net inflow on the day. The single-day fund flow also differs from the historical cumulative fund flow; IBIT has a net outflow on the day, but the historical cumulative figure listed in the report remains a net inflow.
Why it matters to readers
It provides a comparison of fund flows for the overall Bitcoin spot ETF and its different products, which can be used to observe whether subsequent inflows and outflows continue; the original text does not provide evidence of price impact.
When reading, distinguish between daily net flow, historical cumulative net flow, and total net asset value; do not conflate these different metrics.
Risks and unknowns
The provided text has been truncated, and the complete values and explanation of the ETF net asset ratio are missing.
The original SoSoValue data has not been provided, so the related amounts and the number of consecutive days of net outflows have not yet been independently verified.
The original text does not specify a year, nor does it provide causal evidence between Bitcoin price changes or capital flows and the price.
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Related concepts
Net Inflow
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