Bitcoin spot ETFs experienced a net inflow of $623 million last week, marking the sixth consecutive week of positive inflows, according to SoSoValue data. BlackRock's IBIT led the inflows with $596 million, bringing its cumulative historical net inflow to $66.1 billion. Ark and 21 Shares' ARKB followed with a $53.09 million inflow, totaling $17.1 billion historically.
Conversely, the Grayscale Bitcoin Trust (GBTC) saw the largest net outflow of $622.78 million last week, with its cumulative historical net outflow reaching $26.35 billion. The total net asset value of Bitcoin spot ETFs now stands at $106.61 billion, with a net asset ratio of 6.67% and a cumulative historical net inflow of $59.34 billion.
Bitcoin Spot ETFs Attract $623 Million in Net Inflows Over Past Week
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.