Spot Bitcoin ETFs recorded a total net outflow of $159 million yesterday.

Bitcoin ETFs See $159M in Outflows, FBTC Leads the Exit

Bitcoin spot ETFs recorded net outflows on Monday. According to SoSoValue, total net outflows hit roughly $159 million on April 7th (Eastern Time).

Valkyrie's BRRR led the inflow side, pulling in $2.32 million. Its lifetime net inflows now stand at $339 million.

On the other hand, Fidelity's FBTC saw the biggest outflows, shedding $47.85 million. Its lifetime net inflows remain massive at $11.06 billion.

As of press time, total net assets held by bitcoin spot ETFs sit at $88.71 billion. That's about 6.39% of bitcoin's total market cap. Cumulative net inflows have now reached $56.27 billion.