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Bitcoin spot ETFs saw net inflows of $924 million last week, with BlackRock's IBIT leading at $938 million in net inflows

Odaily Planet Daily News According to SoSoValue data, during last week's trading days (August 24 to August 28, Eastern Time), Bitcoin spot ETFs recorded net inflows of $924 million.

The Bitcoin spot ETF with the largest net inflows last week was BlackRock's ETF IBIT, with weekly net inflows of $938 million. IBIT's historical total net inflows currently stand at $63.36 billion; followed by Grayscale's Bitcoin Mini Trust BTC, with weekly net inflows of $81.8297 million, bringing BTC's historical total net inflows to $2.86 billion.

The Bitcoin spot ETF with the largest net outflows last week was Ark & 21 Shares ETF ARKB, with weekly net outflows of $85.1412 million. ARKB's historical total net inflows currently stand at $1.32 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $97.59 billion, with the ETF net asset ratio (market value relative to Bitcoin's total market cap) reaching 6.28%. Historical cumulative net inflows have reached $54.63 billion.