Bitcoin spot ETFs saw net inflows of $2.75 billion last week, the third-highest on record

PANews
PANews
BTC+0.49%

PANews reported on May 26 that according to SoSoValue data, Bitcoin spot ETFs had a weekly net inflow of $2.75 billion last week during last week's trading days (May 19 to May 23, Eastern time).

The largest weekly Bitcoin spot ETF last week was BlackRock Bitcoin ETF IBIT, with a weekly net inflow of $2.43 billion, and the current total historical IBIT net inflow reached $47.98 billion. This was followed by the Fidelity ETF FBTC, with a weekly net inflow of $210 million, and the current total historical net inflow of FBTC is $11.80 billion.

The largest weekly net outflow of Bitcoin spot ETF last week was the Grayscale ETF GBTC, with a weekly net outflow of $89.17 million, and the current total historical net outflow of GBTC is $23.08 billion.

As of press time, the total net asset value of Bitcoin spot ETFs was $131.39 billion, the ETF net asset ratio (the proportion of market capitalization to the total market value of Bitcoin) reached 6.11%, and the historical cumulative net inflow has reached $44.53 billion.

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