Spot Bitcoin ETF sees net outflow of $360 million this week, marking four consecutive weeks of net outflows
ChainCatcher News: According to SoSoValue data, bitcoin spot ETFs saw a net outflow of $360 million during this week's trading days. The bitcoin spot ETF with the largest net outflow this week was BlackRock's ETF IBIT, with a weekly net outflow of $235 million. Currently, IBIT's historical total net inflow has reached $61.61 billion.
The second largest was Fidelity's ETF FBTC, with a weekly net outflow of $125 million. FBTC's historical total net inflow has now reached $10.98 billion. The bitcoin spot ETF with the largest net inflow this week was Grayscale Bitcoin Mini Trust BTC, with a weekly net inflow of $110 million. Currently, BTC's historical total net inflow has reached $2.05 billion.
As of press time, the total net asset value of bitcoin spot ETFs stands at $87.04 billion, with the ETF net asset ratio (market value as a proportion of bitcoin's total market value) reaching 6.33%. The historical cumulative net inflow has reached $54.33 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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