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Bitcoin spot ETF had a net outflow of $138 million last week, while BlackRock's ETF bucked the trend with a net inflow of $405 million

Bitcoin spot ETF had a net outflow of $138 million last week, while BlackRock's ETF bucked the trend with a net inflow of $405 million

Bitget2024/12/02 04:58
BTC-1.42%

According to SoSoValue data, the overall net outflow of Bitcoin spot ETFs was $138 million last trading week (November 25th to November 29th). Among them, Grayscale's ETF GBTC had a weekly net outflow of $194 million, with a cumulative historical net outflow reaching $20.52 billion. In contrast, BlackRock's ETF IBIT performed outstandingly with a net inflow of $405 million last week, becoming the Bitcoin spot ETF with the highest single-week net inflow. Its cumulative historical net inflow has reached $31.74 billion. Next is Grayscale's Mini Bitcoin Trust BTC which had a weekly net inflow of $25.89 million and its cumulative historical net inflows have reached $723 million.

As of press time, the total asset value of Bitcoin spot ETFs is at about $1052.79 billion; their market value ratio (ETF Net Asset Ratio) has reached 5.47%, and their cumulative historical net inflows are at around $30.704 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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