The U.S. Bitcoin spot ETF had a net inflow of $1.63 billion last week, while the Grayscale ETF GBTC saw a record low net outflow for the week
According to SoSoValue data, during the trading week last week (Eastern Time November 04 to November 08), Bitcoin spot ETFs had a net inflow of $1.63 billion for the single week. Among them, Grayscale's ETF GBTC had a weekly net outflow of $25.45 million, and currently GBTC has a historical net outflow of $20.19 billion.
The Bitcoin spot ETF with the highest single-week net inflow last week was BlackRock's ETF IBIT, with a weekly net inflow of $1.25 billion; currently, IBIT has reached a total historical net inflow of $27.39 billion. This is followed by Fidelity's Bitcoin ETF FBTC, which had a weekly net inflow of $295 million; currently FBTC has reached a total historical net inflow of $10.76 billion.
As of press time, the total asset value of Bitcoin spot ETFs is at about $78.908 billion USD; The ratio between the Net Asset Value (NAV) and market capitalization (the proportion relative to bitcoin’s overall market cap) stands at 5.21%, while its cumulative historic influx stands at approximately 25.788 Billion USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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