Svmuu News: According to SoSoValue data, the Bitcoin spot ETF saw net outflows of $527 million during this week’s trading days (June 29 through July 2, Eastern Time).
The spot ETF with the largest net outflow this week was the Bitcoin ETF, BlackRock (BlackRock) ETF (IBIT), with a weekly net outflow of $773 million; IBIT’s total historical net inflows now stand at $59.99 billion.Next was the Grayscale Bitcoin Trust (GBTC), with weekly net outflows of $27.6866 million; GBTC’s total historical net outflows now stand at $27.170 billion.
The Bitcoin spot ETF with the highest net inflows this week was the Ark & 21 Shares ETF (ARKB), with weekly net inflows of $102 million; ARKB’s total historical net inflows now stand at $1.26 billion.
As of press time, the total net asset value of the Bitcoin spot ETF stood at $74.37 billion, with the ETF’s net asset ratio (market value as a percentage of the total market cap of the Bitcoin) reaching 6.02%; its cumulative historical net inflows have reached $51.08 billion.
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Bitcoin Spot ETFs saw net outflows of $527 million this week, marking the eighth consecutive week of net 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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