Bitcoin spot exchange-traded funds recorded a net inflow of $197 million during the trading week from July 6 to July 10, Eastern Time, according to SoSoValue data cited by Odaily. The move ended an eight-week stretch of net outflows.
BlackRock’s IBIT led weekly inflows with $292 million, bringing its cumulative historical net inflow to $60.29 billion. Grayscale’s Bitcoin Mini Trust BTC ranked second with $95.084 million in net inflows for the week, lifting its historical total to $2.49 billion.
On the outflow side, Grayscale’s GBTC posted the largest weekly net outflow at $108 million. Its cumulative historical net outflow now stands at $27.28 billion. As of press time, total net assets across Bitcoin spot ETFs were $77.42 billion, while the ETF net asset ratio, measured as a share of Bitcoin’s total market capitalization, reached 6.05%. Historical cumulative net inflows across the category stood at $51.28 billion.
Bitcoin spot ETFs turned positive last week
Bitcoin spot ETFs posted $197 million in net inflows during the July 6 to July 10 trading week, Eastern Time, according to SoSoValue data cited by Odaily. The result ended an eight-week run of net outflows.
IBIT led inflows, while GBTC saw the largest outflow
BlackRock’s IBIT recorded the biggest weekly net inflow among Bitcoin spot ETFs at $292 million. Its cumulative historical net inflow has reached $60.29 billion.
Grayscale Bitcoin Mini Trust BTC ranked next, with $95.084 million in weekly net inflows. Its historical cumulative net inflow stands at $2.49 billion.
Grayscale Bitcoin Trust GBTC posted the largest net outflow for the week at $108 million. Its cumulative historical net outflow has now reached $27.28 billion.
Total net assets stood at $77.42 billion
As of press time, total net assets of Bitcoin spot ETFs were $77.42 billion. The ETF net asset ratio, calculated as ETF market value relative to Bitcoin’s total market capitalization, was 6.05%. Historical cumulative net inflows across Bitcoin spot ETFs reached $51.28 billion.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
