Bitcoin Spot ETFs See Significant Inflows and Outflows

According to Foresight News, data from SoSoValue indicates that Bitcoin spot ETFs experienced notable financial movements during the trading week from January 21 to January 24, Eastern Time. The net inflow for Bitcoin spot ETFs reached $1.76 billion. The Blackrock Bitcoin ETF, IBIT, recorded the highest weekly net inflow of $1.32 billion, bringing its total historical net inflow to $39.73 billion. Following this, the Fidelity BTC ETF, FBTC, saw a weekly net inflow of $202 million, with its historical net inflow totaling $13.04 billion. Conversely, the Grayscale Bitcoin Trust, GBTC, experienced the largest net outflow of $97.87 million for the week, with its historical net outflow amounting to $21.75 billion. As of the time of reporting, the total net asset value of Bitcoin spot ETFs stands at $123.058 billion. The ETF net asset ratio, which compares the market value to the total market value of Bitcoin, is at 5.92%. The cumulative historical net inflow has reached $39.937 billion.