Bitcoin spot ETFs experienced a net outflow of $527 million during the trading week from June 29 to July 2, marking the eighth consecutive week of outflows. BlackRock's ETF IBIT led the outflows with $773 million, despite its cumulative historical net inflow reaching $59.990 billion. Grayscale's Bitcoin Trust GBTC followed with a $27.6866 million outflow, bringing its cumulative historical net outflow to $27.170 billion.
Conversely, the Ark & 21 Shares ETF ARKB recorded the largest net inflow of $102 million this week, boosting its cumulative historical net inflow to $1.260 billion. As of the latest data, the total net asset value of Bitcoin spot ETFs is $74.370 billion, with an ETF net asset ratio of 6.02% relative to Bitcoin's total market value. Historical cumulative net inflows for Bitcoin spot ETFs stand at $51.080 billion.
Bitcoin Spot ETFs Record $527 Million Net Outflow Over Eight Weeks
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