Bitcoin spot ETFs recorded net outflows of $527 million this week, marking eight consecutive weeks of net outflows

According to SoSoValue data, during this trading week (June 29 to July 2, Eastern Time), Bitcoin spot ETFs saw net outflows of $527 million.

The Bitcoin spot ETF with the largest net outflow this week was BlackRock's ETF IBIT, with a weekly net outflow of $773 million, bringing IBIT's historical total net inflow to $59.990 billion. This was followed by Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $27.6866 million, bringing GBTC's historical total net outflow to $27.170 billion.

The Bitcoin spot ETF with the largest net inflow this week was Ark & 21 Shares ETF ARKB, with a weekly net inflow of $102 million, bringing ARKB's historical total net inflow to $1.260 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $74.370 billion, with the ETF net asset ratio (market value as a proportion of Bitcoin's total market cap) reaching 6.02%, and the historical cumulative net inflow has reached $51.080 billion.