Six consecutive weeks of net inflows come to an end as Bitcoin spot ETPs record 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 saw net outflows of $1.039 billion.
The Bitcoin spot ETF with the largest net outflows last week was the Ark & 21Shares ETF ARKB, with a weekly net outflow of $324 million. ARKB's total historical net inflow now stands at $1.390 billion. It was followed by BlackRock's ETF IBIT, which saw weekly net outflows of $317 million, bringing its total historical net inflow to $65.780 billion.
The Bitcoin spot ETF with the largest net inflows last week was the Grayscale Bitcoin Mini Trust BTC, with a weekly net inflow of $12.604 million. BTC's total historical net inflow has now reached $2.300 billion.
As of press time, the total net asset value of Bitcoin spot ETFs stands at $104.290 billion, with an ETF net asset ratio (market cap relative to total Bitcoin market cap) of 6.58%. Cumulative historical net inflows have reached $58.340 billion.
