Bitcoin spot ETFs saw $229 million in net outflows last week, with BlackRock's IBIT leading at $165 million

October 19 — According to SoSoValue data, Bitcoin spot ETFs recorded net outflows of $229 million during last week's trading sessions (October 12 to October 16, U.S. Eastern Time).

The Bitcoin spot ETF with the largest net outflows last week was BlackRock's IBIT, with weekly net outflows of $165 million; IBIT's cumulative net inflows now stand at $65.570 billion. It was followed by Fidelity's FBTC, with weekly net outflows of $60.2797 million; FBTC's cumulative net inflows now stand at $10.450 billion.

The Bitcoin spot ETF with the largest net inflows last week was Morgan Stanley's MSBT, with weekly net inflows of $6.6699 million; MSBT's cumulative net inflows now stand at $769 million.

As of press time, the total net asset value of Bitcoin spot ETFs was $104.290 billion, with the ETF net asset ratio (market value as a share of Bitcoin's total market capitalization) reaching 6.35%, and cumulative net inflows reaching $56.880 billion.