PANews reported on November 3 that, according to SoSoValue data, Bitcoin spot ETFs saw a net outflow of $799 million last week (October 27 to October 31, Eastern Time), with none of the twelve ETFs experiencing net inflows.
The Bitcoin spot ETF with the largest net outflow last week was BlackRock ETF IBIT, with a weekly net outflow of $403 million. IBIT's historical total net inflow has reached $64.9 billion. The second largest was Fidelity ETF FBTC, with a weekly net outflow of $155 million. FBTC's historical total net inflow has reached $12.44 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $147.73 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.77%, and a cumulative net inflow of $61.19 billion.
