Bitcoin spot ETFs saw net outflows of $316 million last week, marking the fifth consecutive week of net outflows.

PANews reported on February 23 that, according to SoSoValue data, Bitcoin spot ETFs saw a net outflow of $316 million last week (February 16 to February 20, Eastern Time).

The Bitcoin spot ETF with the largest net outflow last week was BlackRock ETF IBIT, with a weekly net outflow of $303 million. IBIT's historical total net inflow is currently $61.3 billion. The second largest was Fidelity ETF FBTC, with a weekly net outflow of $19.5955 million. FBTC's historical total net inflow is currently $10.96 billion.

The Bitcoin spot ETF with the largest net inflow last week was the Grayscale Bitcoin Mini Trust (BTC), with a weekly net inflow of $35.9735 million. The total historical net inflow of BTC has now reached $2.09 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $85.31 billion, the ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) is 6.30%, and the historical cumulative net inflow has reached $54.01 billion.

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