Bitcoin spot ETFs saw a net outflow of $1.72 billion last week, the second highest on record

Odaily Planet Daily News According to SoSoValue data, during last week's trading days (from June 1 to June 5, Eastern Time), Bitcoin spot ETFs experienced a net outflow of $1.72 billion.

The Bitcoin spot ETF with the largest net outflow last week was Blackrock's ETF IBIT, with a weekly net outflow of $1.337 billion. IBIT's total historical net inflow currently stands at $62.47 billion. It was followed by Fidelity's ETF FBTC, with a weekly net outflow of $202 million. FBTC's total historical net inflow currently stands at $10.39 billion.

The Bitcoin spot ETF with the largest net inflow last week was Morgan Stanley's ETF MSBT, with a weekly net inflow of $35.05 million. MSBT's total historical net inflow currently stands at $268 million.

As of press time, the total net asset value of Bitcoin spot ETFs is $75.12 billion, the ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) is 6.08%, and the total historical cumulative net inflow has reached $53.94 billion.