Bitcoin spot ETF saw net outflows of $1.23 billion last week, the second highest in history

PANews reported on October 20 that according to SoSoValue data, between October 13 and October 17, Bitcoin spot ETFs experienced large-scale capital outflows, with a single-week net outflow of US$1.23 billion, setting the second-highest record in history, and all 12 ETFs recorded net outflows. Among them, Grayscale GBTC had a net outflow of US$298 million, and the historical cumulative net outflow has reached US$24.5 billion; ARKB jointly launched by Ark Invest and 21Shares had a net outflow of US$290 million, but still maintained a historical net inflow of US$2.06 billion.

As of now, the total net asset value of Bitcoin spot ETFs is approximately US$143.93 billion, accounting for 6.75% of the total market value of Bitcoin, and the historical cumulative net inflow is US$61.54 billion.

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