Bitcoin spot ETFs saw a net outflow of $1.257 billion last week, with BlackRock's IBIT leading at a net outflow of $1.008 billion
Odaily, According to data from SoSoValue, during the trading week (May 18 to May 22, Eastern Time), Bitcoin spot ETFs saw a net outflow of $1.257 billion.
The Bitcoin spot ETF with the largest net outflow last week was BlackRock's ETF IBIT, with a weekly net outflow of $1.008 billion. The total historical net outflow of IBIT now stands at $64.77 billion. This was followed by Fidelity's ETF FBTC, which saw a weekly net outflow of $112 million, bringing its total historical net outflow to $10.76 billion.
The Bitcoin spot ETF with the largest net inflow last week was Morgan Stanley's ETF MSBT, with a single-week net inflow of $1.1107 million. The total historical net inflow of MSBT currently stands at $234 million.
As of press time, the total net asset value of Bitcoin spot ETFs is $98.87 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) reaching 6.49%. The cumulative historical net inflow has reached $57.08 billion.
