Data: Bitcoin spot ETF had a net inflow of 33.8 billion US dollars last week, reaching a new historical weekly net inflow high
According to SoSoValue data, during the trading days last week (Eastern Time November 18th to November 2nd), Bitcoin spot ETFs had a net inflow of $33.8 billion for the week. Among them, Grayscale's ETF GBTC had a weekly net outflow of $52.85 million, and currently GBTC has a historical net outflow of $20.33 billion.
The Bitcoin spot ETF with the highest weekly net inflow last week was BlackRock's ETF IBIT, with a weekly net inflow of $20.5 billion, and currently IBIT has reached a total historical net inflow of $313.3 billion. This is followed by Fidelity's ETF FBTC, which had a weekly net inflow of $7.73 billion and currently FBTC has reached a total historical net inflow of $115.4 billion.
As it stands now, the total asset value for Bitcoin spot ETFs is at about $1074.88 billion; The ratio between their assets' worth compared to bitcoin’s overall market cap (ETF Net Asset Ratio) is at 5.48%, while its cumulative historic influx stands at around USD$30843 Billion.
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.
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