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Bitcoin Spot ETFs See $296 Million Net Outflow Last Week
According to SoSoValue data, Bitcoin spot ETFs experienced a net outflow of $296 million last week. The ETF with the highest net outflow was BlackRock’s IBIT, which saw a weekly net outflow of $158 million, bringing its historical total net inflow to $63.1 billion. The second highest was the Bitwise ETF BITB, with a weekly net outflow of $68.29 million and a historical total net inflow of $2.07 billion. The ETF with the highest net inflow last week was Fidelity’s FBTC, which had a weekly net inflow of $46.88 million, with a historical total net inflow of $10.99 billion. As of the time of reporting, the total net asset value of Bitcoin spot ETFs was $84.77 billion, with an ETF net asset ratio of 6.42%, and the historical cumulative net inflow reached $55.93 billion.