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The U.S. Bitcoin spot ETF had a net inflow of $998 million last week, with the highest single-week net outflow being $206 million from ARKB

The U.S. Bitcoin spot ETF had a net inflow of $998 million last week, with the highest single-week net outflow being $206 million from ARKB

Bitget2024/10/28 04:11

According to SoSoValue data, during the trading week last week (Eastern Time October 21st to October 25th), Bitcoin spot ETF had a net inflow of $998 million for the single week.

Among them, Grayscale's ETF GBTC had a weekly net outflow of $11.9 million, and currently GBTC has a historical net outflow of $20.11 billion. The Bitcoin spot ETF with the most single-week net inflow last week was BlackRock's ETF IBIT, with a weekly net inflow of $1.15 billion, and currently IBIT has reached a total historical net inflow of $23.99 billion. Next is Fidelity's Bitcoin ETF FBTC, with a weekly net inflow of $71.7 million, and currently FBTC has reached a total historical net inflow of $10.38 billion.The Bitcoin spot ETF with the most single-week outflows last week was ARK 21Shares Bitcoin ETF ARKB ,with an outflow amounting to 206 million dollars; at present,the cumulative influx into ARKB stands at 2.65 billion dollars.

As of press time, the total asset value in bitcoin spot exchange-traded funds (ETFs) stood at USD$65.253bn;the ratio between these assets' market cap and that for all bitcoins came up to about 4.93%.The accumulated influx so far amounts to approximately USD$21.935 billion dollars.

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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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