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

Odaily reported that according to SoSoValue data, during the trading week (May 25 to May 29, Eastern Time), Bitcoin spot ETFs recorded a net outflow of $1.42 billion, marking 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. IBIT's total historical net outflow now stands at $63.81 billion. Next was Grayscale 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 was $94.17 billion, with the ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market cap) reaching 6.38%. The historical cumulative net inflow has reached $55.66 billion.