Bitcoin spot ETFs saw a total net outflow of $523 million yesterday, marking the third consecutive day of net outflows.

According to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $523 million yesterday (August 20th, Beijing time). Fidelity's FBTC ETF saw a net outflow of $247 million, bringing its cumulative net inflow to $11.707 billion. Grayscale's GBTC ETF saw a net outflow of $116 million, bringing its cumulative net outflow to $23.919 billion. As of press time, the total net asset value of Bitcoin spot ETFs stood at $146.184 billion, representing 6.47% of Bitcoin's total market capitalization, with a cumulative net inflow of $54.329 billion.