PANews reported on May 7 that, according to SoSoValue data, on May 6 Eastern Time, the total net outflow of Bitcoin spot ETFs was $85.635 million, with only BlackRock's IBIT recording a net inflow of $36.7268 million, bringing the historical total net inflow to $44.249 billion. Grayscale's GBTC saw a single-day net outflow of as much as $89.9174 million, with a historical cumulative net outflow reaching $22.853 billion. As of the time of publication, the total assets of Bitcoin spot ETFs amounted to $111.152 billion, accounting for 5.91% of BTC's total market value.