Bitcoin spot ETFs saw net inflows of $854 million this week, with BlackRock's IBIT leading at $694 million in net inflows

Odaily News, according to SoSoValue data, Bitcoin spot ETFs recorded net inflows of $854 million during this week's trading days (August 3 to August 7, Eastern Time).

The Bitcoin spot ETF with the highest net inflows this week was BlackRock's ETF IBIT, with weekly net inflows of $694 million, bringing IBIT's historical total net inflows to $61.17 billion. It was followed by Fidelity's ETF FBTC, which saw weekly net inflows of $116 million, with FBTC's historical total net inflows reaching $10.04 billion.

The Bitcoin spot ETF with the largest net outflows this week was VanEck's ETF HODL, with weekly net outflows of $53.4753 million. Currently, HODL's historical total net inflows stand at $1.09 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $79.50 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) at 6.10%. Historical cumulative net inflows have reached $52.18 billion.