Bitcoin Spot ETFs See $1.42 Billion Outflow, Third Highest on Record

Bitcoin spot ETFs experienced a net outflow of $1.42 billion during the trading week from May 25 to May 29, according to SoSoValue data. This marks the third-highest outflow in history. According to ChainCatcher, the BlackRock ETF IBIT led the outflows with $966 million, bringing its total historical net outflow to $63.81 billion. The Grayscale Bitcoin Trust (GBTC) followed with a weekly net outflow of $175 million, accumulating a total historical net outflow of $26.62 billion. As of the latest data, the total net asset value of Bitcoin spot ETFs stands at $94.17 billion, with an ETF net asset ratio of 6.38% compared to Bitcoin's total market capitalization. The cumulative historical net inflow for Bitcoin spot ETFs has reached $55.66 billion.