Last week, Bitcoin spot ETFs saw a net inflow of $623 million, marking a sixth consecutive week of net inflows

Odaily Planet Daily News According to SoSoValue data, Bitcoin spot ETFs recorded a net inflow of $623 million during the trading week (May 4 to May 8, Eastern Time).

The Bitcoin spot ETF with the highest net inflow last week was Blackrock's ETF IBIT, with a weekly net inflow of $596 million. IBIT's total historical net inflow is now $66.10 billion. It was followed by Ark & 21 Shares ETF ARKB, with a weekly net inflow of $53.0917 million, bringing its total historical net inflow to $1.710 billion.

The Bitcoin spot ETF with the largest net outflow last week was Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $62.2783 million. GBTC's total historical net outflow has now reached $26.350 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $106.610 billion, with the ETF net asset ratio (market cap relative to Bitcoin's total market cap) at 6.67%. The cumulative historical net inflow has reached $59.340 billion.