Bitcoin spot exchange-traded funds posted $987 million in net inflows over the latest trading week, according to SoSoValue, extending the streak of weekly net inflows to three. The data covers Aug. 31 to Sept. 4 in U.S. Eastern Time. BlackRock’s IBIT led all products with $692 million in weekly net inflows, bringing its cumulative historical net inflows to $64.06 billion. Ark & 21 Shares’ ARKB ranked second with $138 million in weekly net inflows and $1.46 billion in cumulative historical net inflows. On the outflow side, Grayscale’s GBTC recorded the largest weekly net outflow at $47.9921 million, with cumulative historical net outflows reaching $27.65 billion. As of publication, total net assets across Bitcoin spot ETFs stood at $101.25 billion. The ETF net asset ratio, measured as a share of Bitcoin’s total market capitalization, was 6.33%, while cumulative historical net inflows for the segment reached $55.62 billion.
Bitcoin spot exchange-traded funds recorded $987 million in net inflows during the latest trading week from Aug. 31 to Sept. 4 in U.S. Eastern Time, according to SoSoValue. The category has now posted net inflows for three consecutive weeks.
IBIT led weekly inflows
The biggest weekly inflow went to BlackRock’s IBIT, which brought in $692 million over the week. IBIT’s cumulative historical net inflows now stand at $64.06 billion.
Ark & 21 Shares ETF ARKB ranked second, with weekly net inflows of $138 million. Its cumulative historical net inflows reached $1.46 billion.
GBTC posted the largest weekly outflow
Grayscale Bitcoin Trust, or GBTC, saw the largest weekly net outflow among Bitcoin spot ETFs at $47.9921 million. Its cumulative historical net outflows now total $27.65 billion.
Sector totals
As of publication, total net assets of Bitcoin spot ETFs were $101.25 billion. The ETF net asset ratio, measured as the share of Bitcoin’s total market capitalization, was 6.33%. Cumulative historical net inflows for Bitcoin spot ETFs reached $55.62 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.