Bitcoin spot ETFs saw a net inflow of $623 million last week, marking six consecutive weeks of net inflows

Odaily Planet Daily: According to SoSoValue data, during last week's trading days (May 4 to May 8, Eastern Time), Bitcoin spot ETFs recorded a net inflow of $623 million.

The Bitcoin spot ETF with the largest net inflow last week was Blackrock's ETF IBIT, with a weekly net inflow of $596 million. IBIT's total historical net inflow now stands at $66.10 billion. The second highest was the Ark & 21 Shares ETF ARKB, with a weekly net inflow of $53.0917 million. ARKB's total historical net inflow has reached $1.710 billion.

The Bitcoin spot ETF with the largest net outflow last week was Grayscale's Bitcoin Trust GBTC, with a weekly net outflow of $62.2783 million. GBTC's total historical net outflow has now reached $26.350 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $106.610 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.67%. The cumulative historical net inflow has now reached $59.340 billion.