Bitcoin Spot ETFs See Weekly Net Outflows of $1.328 Billion, Marking Second-Highest Outflow on Record

Odaily According to data from SoSoValue, Bitcoin spot ETFs experienced net outflows of $1.330 billion during this week's trading sessions (January 19 to January 23, Eastern Time).

The Bitcoin spot ETF with the largest net outflows this week was BlackRock's IBIT, with weekly net outflows of $537 million. IBIT's cumulative historical net inflows currently stand at $62.900 billion. Following that was Fidelity's FBTC, with weekly net outflows of $451 million. FBTC's cumulative historical net inflows currently stand at $11.460 billion.

As of the time of writing, the total net asset value of Bitcoin spot ETFs is $115.880 billion. The ETF net asset ratio (the proportion of ETF market value to Bitcoin's total market cap) has reached 6.48%, and the cumulative historical net inflows have reached $56.490 billion.