Bitcoin spot ETFs saw net outflows of $1.42 billion last week, the third highest in history

According to SoSoValue data, during last week's trading days (May 25 to May 29, Eastern Time), Bitcoin spot ETFs recorded net outflows of $1.42 billion, marking the third highest weekly figure in history.

The Bitcoin spot ETF with the largest net outflows last week was Blackrock's ETF IBIT, with a weekly net outflow of $966 million. IBIT's total historical net outflows have now reached $63.81 billion. The second largest was Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $175 million, bringing its total historical net outflows to $26.62 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $94.17 billion, with the ETFs' net asset ratio (market cap relative to Bitcoin's total market cap) at 6.38%. Historical cumulative net inflows have reached $55.66 billion.