Three Weeks Straight: Bitcoin Spot ETFs See Net Inflows
Bitcoin spot exchange-traded funds (ETFs) saw a net inflow of $33.79 million last week, marking three consecutive weeks of net inflows, according to data from SoSoValue. This trend indicates growing investor interest in Bitcoin and its associated ETFs.
The largest net inflow among the top Bitcoin spot ETFs was seen in Grayscale Bitcoin Mini Trust (BTC), with a weekly net inflow of $85.78 million. This brings its total historical BTC net inflow to $2.65 billion, making it one of the most popular and sought-after funds.
On the other hand, BlackRock's ETF IBIT saw a significant net outflow of $95.9 million last week, with a total historical net inflow of $60.39 billion.