Bitcoin Spot ETFs See Net Outflows of $318 Million Last Week, Marking Three Consecutive Weeks of Net Outflows

Odaily News According to data from SoSoValue, Bitcoin spot ETFs experienced net outflows of $318 million during last week's trading sessions (February 2 to February 6, Eastern Time).

Grayscale's Bitcoin Trust (GBTC) recorded the highest net outflow among Bitcoin spot ETFs last week, with weekly net outflows reaching $174 million. GBTC's cumulative historical net outflows now stand at $25.88 billion. Following GBTC, Fidelity's ETF (FBTC) saw weekly net outflows of $167 million. FBTC's cumulative historical net inflows currently amount to $11.11 billion.

The Bitcoin spot ETF with the highest net inflow last week was the Bitwise ETF (BITB), which attracted weekly net inflows of $86.1656 million. BITB's cumulative historical net inflows have now reached $2.14 billion.

As of the time of writing, the total net asset value of Bitcoin spot ETFs is $89.43 billion. The ETF net asset ratio (the proportion of ETF market value relative to Bitcoin's total market capitalization) has reached 6.39%, with cumulative historical net inflows amounting to $54.69 billion.