Bitcoin spot ETFs saw a total net outflow of $277 million yesterday, marking the first net outflow after five days of net inflows.

CoinFeed reported on May 8th that, according to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $277 million yesterday (May 7th, Eastern Time). The Bitcoin spot ETF with the largest single-day net inflow was the Morgan Stanley ETF MSBT, with a net inflow of $7.3461 million. MSBT's historical total net inflow has reached $188 million. This was followed by the Grayscale Bitcoin Mini Trust ETF BTC, with a single-day net inflow of $5.6709 million. BTC's historical total net inflow has reached $2.291 billion.