Bitcoin Spot ETFs Saw Net Outflows of $838 Million Last Week, BlackRock IBIT Leads Outflows

March 17 - According to SoSoValue data, the Bitcoin Spot ETF had net outflows of $838 million in a single week from March 10 to March 14 (EST), with the BlackRock IBIT ETF seeing outflows of $338 million, and cumulative net inflows remained at $39.24 billion, topping all ETFs. The Fidelity FBTC ETF saw outflows of $317 million, while the ARKB ETF saw net inflows of $32.02 million and the Grayscale BTC Trust saw net inflows of $5.51 million. As of today, the Bitcoin Spot ETFs have a total net asset value of $93.54 billion, or 5.61% of BTC's market cap, with a cumulative historical net inflow of $35.3 billion.