Bitcoin spot ETF saw net outflows of $1.257 billion last week, with BlackRock IBIT leading at $1.008 billion in net outflows.
Foresight News reported, according to SoSoValue data, during last week's trading days (from May 18 to May 22, Eastern Time), Bitcoin spot ETFs saw a net outflow of $1.257 billion. The Bitcoin spot ETF with the largest net outflow last week was BlackRock ETF IBIT, with a weekly net outflow of $1.008 billion. The total historical net outflow for IBIT now reaches $64.77 billion. The next largest was Fidelity ETF FBTC, with a weekly net outflow of $112 million, and FBTC's total historical net outflow stands at $10.76 billion. The Bitcoin spot ETF with the largest net inflow last week was Morgan Stanley ETF MSBT, with a single-week net inflow of $1.1107 million, and MSBT's total historical net inflow has reached $234 million.
As of the time of publication, the total net asset value of Bitcoin spot ETFs was $98.87 billion, and the ETF net asset ratio (proportion of market value to Bitcoin's total market value) reached 6.49%. The cumulative historical net inflow has reached $57.08 billion.
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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