PANews reported on November 14 that, according to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $870 million yesterday (November 13, Eastern Time).
The Bitcoin spot ETF with the largest single-day net outflow yesterday was the Grayscale Bitcoin Mini Trust ETF (BTC), with a net outflow of $318 million. The total historical net inflow for BTC is currently $1.672 billion.
The second largest outflow was from the BlackRock ETF IBIT, which saw a net outflow of $257 million in a single day. IBIT's total historical net inflow has reached $64.252 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $130.536 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.67%, and a historical cumulative net inflow of $59.344 billion.

Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more
