Bitcoin spot ETFs saw net inflows of $854 million this week, with BlackRock's IBIT leading at $694 million in net inflows
Odaily News, according to SoSoValue data, during this week's trading days (August 3 to August 7, Eastern Time), Bitcoin spot ETFs recorded net inflows of $854 million.
The Bitcoin spot ETF with the highest net inflows this week was BlackRock's ETF IBIT, with weekly net inflows of $694 million, bringing IBIT's historical total net inflows to $61.17 billion; followed by Fidelity's ETF FBTC, with weekly net inflows of $116 million, bringing FBTC's historical total net inflows to $10.04 billion.
The Bitcoin spot ETF with the highest net outflows this week was VanEck's ETF HODL, with weekly net outflows of $53.4753 million, bringing HODL's historical total net inflows to $1.09 billion.
As of press time, the total net asset value of Bitcoin spot ETFs stands at $79.50 billion, with the ETF net asset ratio (market value as a proportion of Bitcoin's total market cap) at 6.10%, and cumulative historical net inflows reaching $52.18 billion.
