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The Bitcoin Spot ETF saw a net inflow of $1.24 billion in a single week last week, making it 11 consecutive sessions of net inflows

The Bitcoin Spot ETF saw a net inflow of $1.24 billion in a single week last week, making it 11 consecutive sessions of net inflows

Bitget2024/07/22 15:44

According to SoSoValue data, last week's trading day (July 15 to July 19, EST) bitcoin spot ETFs last week net inflows of $1.24 billion, 11 consecutive trading days to achieve net inflows, of which July 19 a single day net inflows of $427 million.

The Grayscale ETF GBTC saw weekly net outflows of $56.12 million, with GBTC's historical net outflows now standing at $18.694 billion. The Bitcoin spot ETF with the largest one-week net inflow last week was the BlackRock ETF IBIT, with a weekly net inflow of $707 million, bringing IBIT's total historical net inflow to $18.968 billion. Fidelity ETF FBTC was next with weekly net inflows of $244 million, and FBTC now has total historical net inflows of $9.963 billion. As of this writing, the Bitcoin Spot ETF has a total net asset value of $60.927 billion, an ETF NAV ratio (market capitalization to total Bitcoin market capitalization) of 4.61%, and a cumulative historical net inflow of $17.052 billion. It is worth noting that the trading data for AKRB, Ark's bitcoin ETF, has now been updated, as it was not updated on official channels for some trading days late last week, or was affected by a global Windows system failure.

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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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