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Bitcoin spot ETF experiences nearly $500 million in net outflows in a single day, with FBTC and IBIT leading the decline
【ChainNews】On January 7th, Eastern Time, Bitcoin spot ETFs experienced a single-day net outflow. According to on-chain data, the total net outflow reached $486 million, with Fidelity’s FBTC performing the weakest, with a single-day net outflow of $248 million; BlackRock’s IBIT followed closely, with a net outflow of $130 million.
It seems that market sentiment has undergone a phased adjustment. However, from a broader perspective, the performance of Bitcoin spot ETFs remains stable — the total net asset value has risen to $118.364 billion, with a cumulative net inflow of $57.052 billion since launch. What does this mean? Based on the current total market capitalization of Bitcoin, the proportion of Bitcoin held by these ETFs has reached 6.51%, and institutional allocation is continuously increasing.
Daily fluctuations are inevitable, but from a half-year perspective, the reshaping of the Bitcoin ecosystem by spot ETFs is profound — more traditional funds are entering through compliant channels, and the market structure is quietly changing.