Three consecutive weeks of net inflows came to an end, with Bitcoin spot ETFs seeing net outflows of $61.53 million last week

Odaily News: According to SoSoValue data, during last week's trading days (July 27 to July 31, Eastern Time), Bitcoin spot ETFs saw net outflows of $61.53 million.

The Bitcoin spot ETF with the largest net outflow last week was Fidelity's ETF FBTC, with weekly net outflows of $85.19 million. To date, FBTC's cumulative net inflows stand at $9.92 billion. This was followed by Grayscale's Bitcoin Trust GBTC, with weekly net outflows of $52.63 million. To date, GBTC's cumulative net outflows have reached $27.47 billion.

The Bitcoin spot ETF with the largest net inflow last week was BlackRock's ETF IBIT, with weekly net inflows of $86.90 million. To date, IBIT's cumulative net inflows have reached $60.48 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $76.29 billion, with the ETF net asset ratio (market cap relative to Bitcoin's total market cap) at 6.04%. Cumulative net inflows to date have reached $51.32 billion.