Bitcoin spot ETFs saw a total net outflow of $649 million yesterday, with BlackRock's IBIT experiencing the largest net outflow at $448 million.

CoinFeed reported on May 19th that, according to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $649 million yesterday (May 18th, Eastern Time). The Bitcoin spot ETF with the largest single-day net outflow was BlackRock ETF IBIT, with a net outflow of $448 million. IBIT's historical total net inflow is currently $65.333 billion. Following closely were Ark Invest and 21Shares ETF ARKB, with a single-day net outflow of $110 million. ARKB's historical total net inflow is currently $1.28 billion.