Bitcoin Spot ETFs Experience Significant Weekly Outflows

According to PANews, recent data from SoSoValue indicates that Bitcoin spot ETFs saw a net outflow of $388 million last week. Among these, the Grayscale Bitcoin Mini Trust BTC recorded a net inflow of $1.01 million, bringing its total net inflow to $861 million. The VanEck Bitcoin ETF HODL also experienced a net inflow of $80,000, with a total net inflow of $791 million. Conversely, the Fidelity ETF FBTC faced the largest net outflow of $183 million, despite having a total net inflow of $11.84 billion. As of the report's release, the total net asset value of Bitcoin spot ETFs stands at $106.683 billion, representing 5.7% of Bitcoin's total market capitalization. The historical cumulative net inflow for these ETFs has reached $35.664 billion.