Bitcoin spot ETFs saw net outflows of $1.23 billion last week, the second highest on record

PANews reported on October 20th that according to SoSoValue data, Bitcoin spot ETFs experienced massive outflows from October 13th to 17th, with a single-week net outflow of $1.23 billion, the second-highest on record. All 12 ETFs experienced net outflows. Grayscale's GBTC saw a net outflow of $298 million, bringing its cumulative net outflow to $24.5 billion. ARKB, a joint venture between Ark Invest and 21Shares, saw a net outflow of $290 million, but maintained its historical net inflow of $2.06 billion.

As of now, the total net asset value of Bitcoin spot ETFs is approximately US$143.93 billion, accounting for 6.75% of the total market value of Bitcoin, and the historical cumulative net inflow is US$61.54 billion.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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