Bitcoin Spot ETFs Record Weekly Net Inflows of $787 Million, BlackRock's IBIT Leads with $503 Million Inflows

According to SoSoValue data, Bitcoin spot ETFs recorded net inflows of $787 million during this week's trading sessions (February 23 to February 27, Eastern Time).BlackRock's ETF IBIT saw the highest net inflows among Bitcoin spot ETFs this week, with weekly net inflows reaching $503 million, according to Odaily. IBIT's cumulative historical net inflows now stand at $61.81 billion. Grayscale's Bitcoin Trust GBTC followed with weekly net inflows of $89.4264 million. GBTC's cumulative historical net outflows currently total $25.87 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $83.4 billion, with an ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.36%. The cumulative historical net inflows have reached $54.8 billion.