Bitcoin spot ETFs saw a net outflow of $1.282 billion last week, with IBIT leading outflows

According to SoSoValue data, Bitcoin spot ETFs recorded a net outflow of $1.282 billion during last week's trading days (November 2 to November 6, US Eastern Time).

BlackRock's ETF IBIT saw the largest net outflow last week, with a weekly net outflow of $1.209 billion and cumulative historical net inflows of $65.10 billion; it was followed by Grayscale Bitcoin Trust GBTC, which saw a weekly net outflow of $61.0081 million and cumulative historical net outflows of $28.11 billion. Fidelity's ETF FBTC saw the largest net inflow last week, with a weekly net inflow of $93.117 million and cumulative historical net inflows of $10.27 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stood at $95.90 billion, with a net asset ratio of 6.28% and cumulative historical net inflows of $55.70 billion.