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Data: Last week, there was a net outflow of 706 million US dollars from Bitcoin spot ETFs. None of the 12 Bitcoin spot ETFs achieved a net inflow last week

Data: Last week, there was a net outflow of 706 million US dollars from Bitcoin spot ETFs. None of the 12 Bitcoin spot ETFs achieved a net inflow last week

Bitget2024/09/09 04:20

According to SoSoValue data, last week's trading days (Eastern Time September 3rd to September 6th) saw a net outflow of $706 million from Bitcoin spot ETFs.

Among them, Grayscale's ETF GBTC had a weekly net outflow of $160 million, with the current historical net outflow for GBTC standing at $20.01 billion. Last week, all 12 Bitcoin spot ETFs did not achieve a net inflow. The Bitcoin spot ETF with the highest weekly net outflow was Fidelity's FBTC, which had a weekly net outflow of $404 million and currently has a total net inflow of $9.42 billion.

As of press time, the total asset value of Bitcoin spot ETFs is $48.243 billion; the ratio between their market value and that of total Bitcoins in circulation stands at 4.62%. The cumulative historical inflows have reached up to $16.893 billion.

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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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