According to data from SoSoValue, Bitcoin spot ETFs experienced net outflows of $296 million during last week's trading sessions (March 23 to March 27, Eastern Time).
The Bitcoin spot ETF with the largest net outflow last week was BlackRock's IBIT, with weekly net outflows of $158 million. IBIT's cumulative historical net inflows currently stand at $63.1 billion. Following was the Bitwise ETF BITB, with weekly net outflows of $68.2939 million. BITB's cumulative historical net inflows currently stand at $2.07 billion.
The Bitcoin spot ETF with the largest net inflow last week was Fidelity's FBTC, with weekly net inflows of $46.8825 million. FBTC's cumulative historical net inflows currently stand at $10.99 billion.
As of the time of writing, the total net asset value of Bitcoin spot ETFs is $84.77 billion, with an ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.42%. The historical cumulative net inflow has reached $55.93 billion.
Bitcoin Spot ETFs Saw Net Outflows of $296 Million Last Week, BlackRock's IBIT Led with $158 Million in Outflows
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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