Bitcoin spot ETF had a net inflow of $623 million last week, achieving net inflows for 6 consecutive weeks

Odaily Planet Daily News According to SoSoValue data, last trading week (May 4 to May 8, EST), Bitcoin spot ETFs saw a net inflow of $623 million.

The Bitcoin spot ETF with the largest net inflow last week was Blackrock ETF IBIT, with a weekly net inflow of $596 million. IBIT's total historical net inflow currently stands at $66.10 billion. This was followed by Ark & 21 Shares ETF ARKB, with a weekly net inflow of $53.0917 million, bringing its total historical net inflow to $1.71 billion.

The Bitcoin spot ETF with the largest net outflow last week was Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $62.2783 million. GBTC's total historical net outflow currently stands at $26.35 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $106.61 billion, with the ETF net asset ratio (market cap as a percentage of total Bitcoin market cap) reaching 6.67%. The cumulative historical net inflow has reached $59.34 billion.