Bitcoin spot ETFs saw net inflows of $987 million last week, marking three consecutive weeks of net inflows

According to Odaily, based on SoSoValue data, Bitcoin spot ETFs recorded net inflows of $987 million during last week's trading days (August 31 to September 4, Eastern Time).

The Bitcoin spot ETF with the largest net inflows last week was Blackrock's ETF IBIT, with weekly net inflows of $692 million, bringing IBIT's historical total net inflows to $64.06 billion. The second largest was Ark & 21 Shares ETF ARKB, with weekly net inflows of $138 million, bringing ARKB's historical total net inflows to $1.46 billion.

The Bitcoin spot ETF with the largest net outflows last week was Grayscale's Bitcoin Trust GBTC, with weekly net outflows of $47.9921 million, bringing GBTC's historical total net outflows to $27.65 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stood at $101.25 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market capitalization) reaching 6.33%. Historical cumulative net inflows have reached $55.62 billion.