Spot Bitcoin exchange-traded funds posted $987 million in net inflows during the trading week of Aug. 31 to Sept. 4, Eastern Time, according to SoSoValue. The result marked a third straight week of net inflows for the category. BlackRock’s IBIT led weekly inflows with $692 million, bringing its cumulative historical net inflow to $64.06 billion. Ark & 21 Shares’ ARKB ranked second with $138 million in weekly net inflows and a historical cumulative total of $1.46 billion. On the outflow side, Grayscale Bitcoin Trust, or GBTC, recorded the largest weekly net outflow at $47.9921 million, with cumulative historical net outflows reaching $27.65 billion. As of press time, spot Bitcoin ETFs had total net assets of $101.25 billion. Their net asset ratio, measured as a share of Bitcoin’s total market capitalization, stood at 6.33%, while cumulative historical net inflows across the segment reached $55.62 billion.
Spot Bitcoin ETFs recorded $987 million in net inflows during the trading week of Aug. 31 to Sept. 4, Eastern Time, according to SoSoValue. The segment has now posted net inflows for three consecutive weeks.
Weekly fund flows
BlackRock’s IBIT led all spot Bitcoin ETFs in weekly inflows, taking in $692 million over the week. Its cumulative historical net inflow has reached $64.06 billion.
Ark & 21 Shares’ ARKB followed with $138 million in weekly net inflows. Its cumulative historical net inflow now stands at $1.46 billion.
Grayscale Bitcoin Trust, or GBTC, posted the largest net outflow of the week at $47.9921 million. Its cumulative historical net outflow has reached $27.65 billion.
Latest totals
As of press time, spot Bitcoin ETFs held $101.25 billion in total net assets. The ETF net asset ratio, measured as the share of Bitcoin’s total market capitalization, was 6.33%. Cumulative historical net inflows across spot Bitcoin ETFs had reached $55.62 billion.
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