Spot Bitcoin ETFs recorded a total net outflow of $125 million yesterday.

Bitcoin ETFs See $125M in Outflows, FBTC Leads the Exit

Bitcoin spot ETFs recorded net outflows on Tuesday. According to SoSoValue, total net outflows hit roughly $125 million on April 8th (Eastern Time).

BlackRock's IBIT led the inflow side, pulling in $40.38 million. Its lifetime net inflows now stand at $63.32 billion.

On the other hand, Fidelity's FBTC saw the biggest outflows, shedding $79.12 million. Its lifetime net inflows remain massive at $10.98 billion.

As of press time, total net assets held by bitcoin spot ETFs sit at $91.90 billion. That's about 6.43% of bitcoin's total market cap. Cumulative net inflows have now reached $56.15 billion.