Bitcoin Spot ETFs Record $349 Million Net Outflow on March 6
Bitcoin spot exchange-traded funds posted a combined net outflow of $349 million on March 6 (Eastern Time), SoSoValue data show. Fidelity's FBTC recorded the largest single-day outflow at $159 million, bringing its cumulative net outflow to $153 million, while BlackRock's IBIT saw a single-day outflow of $143 million and holds $660 million in total net inflows. As of publication, spot Bitcoin ETF net assets stand at $87.075 billion, representing 6.39% of Bitcoin's market capitalization, with cumulative net inflows reaching $55.369 billion.