Bitcoin spot ETFs saw a net outflow of $157 million last week, ending a six-week net inflow trend

PANews
PANews
BTC-1.96%

PANews reported on June 2 that according to SoSoValue data, in the week ending May 30, Eastern time, Bitcoin spot ETFs recorded a net outflow of $157 million, ending a six-week net inflow trend. IBIT (BlackRock) was the only largest net inflow product, with an inflow of $584 million and a cumulative inflow of $48.57 billion. ARKB (Ark and 21Shares) had the largest net outflow of $282 million. The current total net asset value of the ETF is $126.15 billion, accounting for 6.07% of Bitcoin's total market capitalization.

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