Bitcoin spot ETFs recorded a significant net outflow of $1.79 billion last week, marking the third largest weekly net outflow in history, according to SoSoValue data. The largest outflow was from BlackRock's ETF IBIT, which saw $1.303 billion withdrawn, bringing its historical total net inflows to $60.77 billion. Fidelity's ETF FBTC followed with a $315 million outflow, with its total net inflows now at $10.14 billion.
Conversely, the Grayscale Bitcoin Mini Trust BTC experienced the largest net inflow among Bitcoin spot ETFs, receiving $71.701 million, increasing its total net inflows to $2.38 billion. As of the latest data, the total net asset value of Bitcoin spot ETFs stands at $72.82 billion, with an ETF net asset ratio of 6.08% relative to Bitcoin's total market capitalization. Cumulative historical net inflows for Bitcoin spot ETFs have reached $51.61 billion.
Bitcoin Spot ETFs Experience $1.79 Billion Net Outflow, Third Largest in History
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.
