Data: Bitcoin spot ETFs saw net inflows of $2.75 billion last week, the third highest in history

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According to ChainCatcher, based on SoSoValue data, Bitcoin spot ETFs saw a net inflow of $2.75 billion during last week's trading days (Eastern Time, May 19 to May 23).

The Bitcoin spot ETF with the highest weekly net inflow was Blackrock's IBIT, with a weekly net inflow of $2.43 billion, bringing its historical total net inflow to $47.98 billion. Following that was Fidelity's FBTC, with a weekly net inflow of $210 million, and its historical total net inflow reaching $11.8 billion.

The Bitcoin spot ETF with the highest weekly net outflow was Grayscale's GBTC, with a weekly net outflow of $89.17 million, and its historical total net outflow reaching $23.08 billion.

As of the time of writing, the total net asset value of Bitcoin spot ETFs was $139.39 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market value) reaching 6.11%, and cumulative historical net inflow reaching $44.53 billion.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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