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Bitcoin spot ETFs post $1.42B weekly net outflow, third-largest on record

ChainCatcher reports that, based on SoSoValue data, Bitcoin spot ETFs saw a net outflow of $1.42 billion over the last trading week (May 25–29, Eastern Time), ranking as the third-largest weekly net outflow on record. BlackRock's IBIT led the withdrawals with $966 million in net outflows for the week. IBIT's cumulative net outflow to date stands at $63.81 billion. Grayscale's Bitcoin Trust (GBTC) followed with $175 million in weekly net outflows, bringing its cumulative net outflow to $26.62 billion. As of publication, the total net asset value of Bitcoin spot ETFs was $94.17 billion. The ETF net asset ratio—their market value as a share of Bitcoin's total market capitalization—stood at 6.38%. Cumulative net inflows across Bitcoin spot ETFs have reached $55.66 billion.
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