According to SoSoValue data, Bitcoin spot ETFs recorded a net inflow of $623 million during last week's trading days (May 4 to May 8, Eastern Time).
The Bitcoin spot ETF with the highest net inflow last week was Blackrock's ETF IBIT, with a weekly net inflow of $596 million. IBIT's total historical net inflow now stands at $66.10 billion. This was followed by Ark & 21 Shares ETF ARKB, with a weekly net inflow of $53.0917 million, bringing ARKB's total historical net inflow to $1.710 billion.
The Bitcoin spot ETF with the largest net outflow last week was Grayscale's Bitcoin Trust GBTC, with a weekly net outflow of $62.2783 million. GBTC's total historical net outflow has now reached $26.350 billion.
As of press time, the total net asset value of Bitcoin spot ETFs stands at $106.610 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) at 6.67%, and the historical cumulative net inflow has reached $59.340 billion.
Bitcoin spot ETFs saw a net inflow of $623 million last week, marking six consecutive weeks of net inflows
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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