Bitcoin spot ETFs saw a net outflow of $527 million this week, marking the 8th consecutive week of outflows
The Odaily Planet Daily reports that according to SoSoValue data, Bitcoin spot ETFs recorded a net outflow of $527 million during this trading week (Eastern Time, June 29 to July 2).
The Bitcoin spot ETF with the largest net outflow this week was BlackRock's ETF IBIT, with a weekly net outflow of $773 million. IBIT's total historical net inflow has now reached $59.99 billion. It was followed by the Grayscale Bitcoin Trust GBTC, which saw a weekly net outflow of $27.6866 million, bringing its total historical net outflow to $27.17 billion.
The Bitcoin spot ETF with the largest net inflow this week was the Ark & 21 Shares ETF ARKB, with a weekly net inflow of $102 million. ARKB's total historical net inflow has now reached $1.26 billion.
As of press time, the total net asset value of Bitcoin spot ETFs stands at $74.37 billion, with the ETF net asset ratio (market value relative to Bitcoin's total market cap) reaching 6.02%. The cumulative historical net inflow has reached $51.08 billion.
