According to data from SoSoValue, U.S. spot Bitcoin ETFs saw a net outflow of $159 million on April 7 (Eastern Time), BroadChain has learned.
Breaking down the performance by fund: The Valkyrie Bitcoin Fund (BRRR) was the sole product to attract new capital, posting a net inflow of $2.32 million for the day. Its total historical net inflow now stands at $339 million.
On the outflow side, Fidelity's Wise Origin Bitcoin Fund (FBTC) led with a single-day net outflow of $47.85 million. Despite this recent pullback, FBTC maintains a substantial historical cumulative net inflow of $11.06 billion.
Overall, the total net asset value (NAV) for all U.S. spot Bitcoin ETFs is currently $88.71 billion. This figure represents 6.39% of Bitcoin's total market capitalization. The aggregate historical cumulative net inflow for these funds has reached $56.27 billion.
