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Bitcoin spot ETF saw a net outflow of $296 million last week
Golden Finance reports that, according to SoSoValue data, last week saw a net outflow of $296 million from Bitcoin spot ETFs. The Bitcoin spot ETF with the largest net outflow last week was BlackRock’s IBIT, with a weekly net outflow of $158 million, bringing the total historical net inflow for IBIT to $63.1 billion. Following closely was the Bitwise ETF BITB, which had a weekly net outflow of $68.29 million, with a total historical net inflow for BITB of $2.07 billion. The Bitcoin spot ETF with the largest net inflow last week was Fidelity’s FBTC, with a weekly net inflow of $46.88 million, bringing the total historical net inflow for FBTC to $10.99 billion. As of the time of publication, the total net asset value of Bitcoin spot ETFs stands at $84.77 billion, with an ETF net asset ratio of 6.42%, and the historical cumulative net inflow has reached $55.93 billion.