Bitcoin spot ETFs saw a net outflow of $1.42 billion last week, the third highest in history

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Odaily Planet Daily News: According to SoSoValue data, last week’s trading days (Eastern Time from May 25 to May 29) saw net outflows of $1.42 billion from Bitcoin spot ETFs, the third-highest on record.

The Bitcoin spot ETF with the largest net outflow last week was Blackrock’s ETF IBIT, with a weekly net outflow of $966 million. Currently, IBIT’s total historical net outflow has reached $63.81 billion. Next was Grayscale’s Bitcoin Trust GBTC, with a weekly net outflow of $175 million; currently, GBTC’s total historical net outflow has reached $26.62 billion.

As of the time of publication, the total net asset value of Bitcoin spot ETFs is $94.17 billion. The ETF net asset ratio (market value as a percentage of total Bitcoin market value) is 6.38%, and the historical cumulative net inflow has reached $55.66 billion.

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