Bitcoin spot ETFs saw net outflows for the third consecutive week, with $1.11 billion flowing out last week.
AI Summary1 min read
TL;DR
Bitcoin spot ETFs had $1.11 billion in net outflows for the third straight week, with only ARKB seeing inflows. Total assets are $125.34 billion, 6.67% of Bitcoin's market cap.
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BitcoinHalving TokensLayer 1ETFBitcoin spot ETFsnet outflowsARKBIBITBTC
PANews reported on November 17th that, according to SoSoValue data, from November 10th to 14th (Eastern Time), Bitcoin spot ETFs saw a net outflow of $1.11 billion, marking the third consecutive week of negative inflows. ARKB was the only ETF to see a net inflow of $1.68 million, while IBIT and BTC experienced net outflows of $532 million and $290 million, respectively. As of now, total assets in spot ETFs have reached $125.34 billion, representing 6.67% of Bitcoin's market capitalization.