Six consecutive weeks of net inflows come to an end, with Bitcoin spot ETFs seeing net outflows of $1.039 billion last week
According to SoSoValue data, during last week's trading days (May 11 to May 15, Eastern Time), Bitcoin spot ETFs recorded net outflows of $1.039 billion.
The Bitcoin spot ETF with the largest net outflows last week was the Ark & 21Shares ETF ARKB, with weekly net outflows of $324 million. ARKB's total historical net inflows currently stand at $1.39 billion. This was followed by BlackRock's ETF IBIT, which saw weekly net outflows of $317 million, bringing its total historical net inflows to $65.78 billion.
The Bitcoin spot ETF with the largest net inflows last week was the Grayscale Bitcoin Mini Trust BTC, with weekly net inflows of $12.604 million. BTC's total historical net inflows currently stand at $2.30 billion.
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 cap relative to total Bitcoin market cap) at 6.58%. Cumulative historical net inflows have reached $58.34 billion.
