Bitcoin Spot ETFs saw net outflows of $316 million last week, marking the fifth consecutive week of net outflows.
Svmuu News: According to SoSoValue data, Bitcoin spot ETFs saw net outflows of $316 million during the trading week of June 8–12 (Eastern Time). The Bitcoin spot ETF with the largest net outflow last week was the BlackRock (BlackRock) ETF (IBIT), with a weekly net outflow of $355 million. IBIT’s total historical net inflows currently stand at $62.11 billion.Second was Grayscale’s Bitcoin Trust (GBTC), with weekly net outflows of $87.9141 million; GBTC’s total historical net outflows now stand at $26.85 billion. The Bitcoin spot ETF with the highest net inflows last week was Fidelity’s FBTC ETF, with weekly net inflows of $55.6961 million; FBTC’s total historical net inflows now stand at $10.45 billion. As of press time, the total net asset value of the Bitcoin spot ETF stood at $79.65 billion, with an ETF net asset ratio (market value as a percentage of the total market cap of the Bitcoin) of 6.26%. Its cumulative historical net inflows have reached $53.62 billion.
Source:Odaily · Source Link
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