Data: Bitcoin Spot ETF had a net inflow of $535 million in a single week last week, and GBTC, the grayscale ETF, had a weekly net outflow of $119 million.
According to SoSoValue data, last week's trading days (July 22 to July 26, EST) saw a net inflow of $535 million in a single week into the Bitcoin Spot ETF last week, including a net inflow of $51.6572 million on July 26th in a single day.
Of that, the Grayscale ETF GBTC had weekly net outflows of $120 million, and GBTC's historical net outflows now stand at $18.81 billion. The Bitcoin spot ETF with the largest one-week net inflow last week was the BlackRock ETF IBIT, with a weekly net inflow of $758 million, bringing IBIT's total historical net inflow to $19.73 billion. Fidelity ETF FBTC was next with weekly net inflows of $29.61 million, and FBTC now has total historical net inflows of $9.99 billion.
As of this writing, the Bitcoin Spot ETF has a total net asset value of $62.095 billion, an ETF NAV ratio (market capitalization to total Bitcoin market capitalization) of 4.67%, and a cumulative historical net inflow of $17.587 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Google is building a software and hardware ecosystem to deploy its custom TPUs.
The HyperLiquid team has unstaked 2.6 million HYPE tokens, of which 609,000 were sent to an OTC platform.
Publicly listed company Prenetics increases its total bitcoin holdings to 504.