Bitcoin spot ETFs recorded net inflows of $1.918 billion last week, with BlackRock's IBIT leading at $1.331 billion in net inflows
Odaily News: According to SoSoValue data, during last week's trading days (August 17 to August 21, Eastern Time), Bitcoin spot ETFs recorded net inflows of $1.918 billion.
The Bitcoin spot ETF with the highest net inflows last week was BlackRock's ETF IBIT, with weekly net inflows of $1.331 billion. IBIT's total historical net inflows currently stand at $62.43 billion; followed by Fidelity's ETF FBTC, with weekly net inflows of $293 million, and FBTC's total historical net inflows currently reach $10.18 billion.
The Bitcoin spot ETF with the highest net outflows last week was VanEck's ETF HODL, with weekly net outflows of $16.1496 million. HODL's total historical net inflows currently stand at $1.07 billion.
As of press time, the total net asset value of Bitcoin spot ETFs is $96.07 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) at 6.17%, and cumulative historical net inflows have reached $53.71 billion.
