Bitcoin spot ETFs saw a net outflow of $1.42 billion last week, the third highest in history

The Odaily Planet Daily reported that according to SoSoValue data, during the trading week (Eastern Time, May 25 to May 29), Bitcoin spot ETFs recorded a net outflow of $1.42 billion, the third highest in history.

The Bitcoin spot ETF with the largest net outflow last week was Blackrock's ETF IBIT, with a weekly net outflow of $966 million. The total historical net outflow for IBIT currently stands at $63.81 billion. The next was Grayscale's Bitcoin Trust GBTC, with a weekly net outflow of $175 million, bringing its total historical net outflow to $26.62 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $94.17 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market capitalization) reaching 6.38%. The historical cumulative net inflow has reached $55.66 billion.