Data: Bitcoin spot ETFs saw a net outflow of $316 million last week, marking the fifth consecutive week of net outflows.

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According to ChainCatcher, data from SoSoValue shows that Bitcoin spot ETFs saw a net outflow of $316 million last week (June 8 to June 12, Eastern Time).

The Bitcoin spot ETF with the largest net outflow last week was BlackRock ETF IBIT, with a weekly net outflow of $355 million. IBIT's historical total net inflow has reached $62.11 billion. The second largest was Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $87.9141 million. GBTC's historical total net outflow has reached $26.85 billion.

The Bitcoin spot ETF with the largest net inflow last week was the Fidelity ETF FBTC, with a weekly net inflow of $55.6961 million. The total historical net inflow of FBTC has now reached $10.45 billion.

As of press time, the total net asset value of Bitcoin spot ETFs was $79.65 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.26%, and a cumulative net inflow of $53.62 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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