Bitcoin spot ETFs saw net inflows of $924 million last week, with BlackRock's IBIT leading at $938 million in net inflows
Odaily Planet Daily News According to SoSoValue data, during last week's trading days (Eastern Time August 24 to August 28), Bitcoin spot ETFs recorded net inflows of $924 million.
The Bitcoin spot ETF with the highest net inflows last week was BlackRock's ETF IBIT, with weekly net inflows of $938 million. IBIT's total historical net inflows now stand at $63.36 billion; followed by Grayscale's Bitcoin Mini Trust BTC, with weekly net inflows of $81.8297 million, bringing BTC's total historical net inflows to $2.86 billion.
The Bitcoin spot ETF with the largest net outflows last week was Ark & 21 Shares ETF ARKB, with weekly net outflows of $85.1412 million. ARKB's total historical net inflows currently stand at $1.32 billion.
As of press time, the total net asset value of Bitcoin spot ETFs stands at $97.59 billion, with the ETF net asset ratio (market value as a percentage of total Bitcoin market cap) reaching 6.28%. Cumulative historical net inflows have reached $54.63 billion.
