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.
You may also like
Stable partners with Morpho to launch lending solution
LAB announces official launch of buyback program
Tether CEO hints that USDT market cap may reach 1 trillion dollars
Trending news
MoreCrypto prices
More








