Spot Bitcoin exchange-traded funds recorded net outflows of $463 million during the Sept. 7 to Sept. 11 trading week, according to SoSoValue, bringing an end to three straight weeks of net inflows. Ark & 21 Shares ETF (ARKB) saw the largest weekly outflow at $234 million, while Grayscale Bitcoin Trust (GBTC) followed with $129 million in outflows. On the inflow side, Morgan Stanley ETF (MSBT) led the group with $19.645 million in weekly net inflows. SoSoValue data also showed that ARKB’s cumulative historical net inflows reached $1.22 billion, while GBTC’s cumulative historical net outflows stood at $27.78 billion. MSBT’s cumulative historical net inflows were $529 million. As of press time, total net assets across spot Bitcoin ETFs were $97.58 billion, with the ETF net asset ratio, measured against Bitcoin’s total market capitalization, at 6.28%. Cumulative historical net inflows for the category reached $55.15 billion.
Spot Bitcoin exchange-traded funds saw net outflows of $463 million during the Sept. 7 to Sept. 11 trading week, according to SoSoValue, ending a run of three consecutive weeks of net inflows.
Weekly fund flows
Ark & 21 Shares ETF (ARKB) posted the largest weekly outflow among spot Bitcoin ETFs at $234 million. Its cumulative historical net inflows now stand at $1.22 billion.
Grayscale Bitcoin Trust (GBTC) ranked next with weekly net outflows of $129 million. Its cumulative historical net outflows reached $27.78 billion.
On the inflow side, Morgan Stanley ETF (MSBT) recorded the largest weekly net inflow at $19.645 million. Its cumulative historical net inflows currently total $529 million.
Category totals at press time
As of press time, total net assets of spot Bitcoin ETFs stood at $97.58 billion. The ETF net asset ratio, measured as the share of Bitcoin’s total market capitalization, was 6.28%. Cumulative historical net inflows for spot Bitcoin ETFs reached $55.15 billion.
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