Bitcoin spot ETFs saw net inflows of $604 million last week, marking five consecutive weeks of net inflows

Mars Finance News: According to SoSoValue data, the Bitcoin spot ETF had a net inflow of $604 million last week (from May 12 to May 16, Eastern Time). The BlackRock Bitcoin ETF IBIT had the highest weekly net inflow of $842 million, with a cumulative historical net inflow of $45.55 billion. The Grayscale Bitcoin Mini Trust ETF BTC followed with a weekly net inflow of $39.84 million, and its cumulative historical net inflow reached $1.35 billion. The Fidelity ETF FBTC experienced the largest weekly net outflow of $122 million, with a cumulative historical net inflow of $11.59 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs was $122.67 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market value) reaching 5.95%, and the cumulative net inflow reached $41.77 billion.