Bitcoin Spot ETFs See $924M Weekly Inflows; BlackRock's IBIT Leads with $938M
OdailyOdaily News: According to SoSoValue data, during the trading week (Aug. 24 to Aug. 28, Eastern Time), Bitcoin spot ETFs saw net inflows of $924 million.
The Bitcoin spot ETF with the highest weekly net inflows was BlackRock's ETF IBIT, with weekly net inflows of $938 million, bringing its historical total net inflows to $63.36 billion. This was followed by Grayscale's Bitcoin Mini Trust BTC, with weekly net inflows of $81.8297 million, bringing its historical total net inflows to $2.86 billion.
The Bitcoin spot ETF with the highest weekly net outflows was Ark & 21 Shares ETF ARKB, with weekly net outflows of $85.1412 million, bringing its historical total net inflows to $1.32 billion.
As of press time, the total net asset value of Bitcoin spot ETFs stood at $97.59 billion, with the ETF net asset ratio (market value as a percentage of total Bitcoin market cap) at 6.28%, and cumulative historical net inflows reaching $54.63 billion.
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