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The Bitcoin spot ETF had a net inflow of 32.58 million US dollars last week, while the Grayscale ETF GBTC saw a net outflow of 195 million US dollars for the week

The Bitcoin spot ETF had a net inflow of 32.58 million US dollars last week, while the Grayscale ETF GBTC saw a net outflow of 195 million US dollars for the week

Bitget2024/08/19 03:33

According to SoSoValue data, during the trading week last week (Eastern Time August 12th to August 16th), Bitcoin spot ETFs had a net inflow of $32.58 million.

Among them, Grayscale's ETF GBTC had a weekly net outflow of $195 million, and the current historical net outflow of GBTC is $19.65 billion. The Bitcoin spot ETF with the highest single-week net inflow last week was Fidelity's FBTC, with a weekly net inflow of $82.11 million; currently, FBTC has reached a total historical net inflow of $9.8 billion. Next is BlackRock's IBIT ETF, which had a weekly net inflow of $71.07 million; currently, IBIT has reached a total historical net inflow of $20.39 billion.

As of press time, the total asset value for Bitcoin spot ETFs is at about $54.353 billion; the ratio between their assets and market capitalization (the proportion compared to Bitcoin’s overall market cap) stands at 4.65%. The cumulative historic flow into these funds totals around approximately USD 17.37 billion.

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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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