⚠️ $BTC Spot ETFs Lose $60.48 Million in One Day With Only BlackRock IBIT Sees Inflow

According to SoSoValue (December 8):

Total net outflow: – $60.48 million across all Bitcoin spot ETFs

Lone winner: BlackRock IBIT — added $28.76 million (lifetime inflows now $62.546 billion)

Largest outflow: Grayscale GBTC — lost $44.03 million in a single day (lifetime net outflow: $25.091 billion)

Current ETF stats:

Total BTC ETF AUM: About $118.5 billion

ETF share of Bitcoin market cap: 6.54%

Cumulative net inflows: $57.557 billion

📉 Quick Take

The outflow sweep across most ETFs signals short-term risk-off sentiment among ETF investors, though BlackRock's IBIT shows there's still a selective appetite for BTC.

Liquidity and sentiment remain mixed, making the next few days pivotal in gauging whether this is a temporary rotation or the start of a bigger structural change. $ETH $SOL #BTC #CryptoETFMania