Bitcoin spot ETFs saw net outflows of $527 million this week, marking eight consecutive weeks of net outflows

According to SoSoValue data, during this trading week (June 29 to July 2, Eastern Time), Bitcoin spot ETFs recorded a net outflow of $527 million.

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 currently stands at $59.990 billion. Following this was Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $27.6866 million, bringing its total historical net outflow to $27.170 billion.

The Bitcoin spot ETF with the largest net inflow this week was Ark & 21 Shares ETF ARKB, with a weekly net inflow of $102 million. ARKB's total historical net inflow currently stands at $1.260 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $74.370 billion, with an ETF net asset ratio (market value as a percentage of total Bitcoin market cap) of 6.02%. The total cumulative net inflow in history has reached $51.080 billion.