Bitcoin spot ETFs saw a net outflow of $229 million last week, with BlackRock's IBIT leading with a net outflow of $165 million

According to SoSoValue data, Bitcoin spot ETFs recorded a net outflow of $229 million during last week's trading days (October 12 to October 16, US Eastern Time).

The Bitcoin spot ETF with the largest net outflow last week was BlackRock's ETF IBIT, with a weekly net outflow of $165 million. IBIT's total historical net inflow currently stands at $65.57 billion. It was followed by Fidelity's ETF FBTC, with a weekly net outflow of $60.28 million; FBTC's total historical net inflow currently stands at $10.45 billion.

The Bitcoin spot ETF with the largest net inflow last week was Morgan Stanley's ETF MSBT, with a weekly net inflow of $6.67 million. MSBT's total historical net inflow currently stands at $769 million.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $104.29 billion, with the ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) reaching 6.35%. Cumulative historical net inflows have reached $56.88 billion.