Bitcoin Spot ETFs Saw Net Inflows of $996 Million Last Week, Marking Three Consecutive Weeks of Net Inflows

According to Odaily citing data from SoSoValue, Bitcoin spot ETFs recorded net inflows of $996 million during last week's trading sessions (April 13 to April 17, Eastern Time).The Bitcoin spot ETF with the highest net inflows last week was BlackRock's IBIT, with weekly net inflows of $906 million. IBIT's cumulative historical net inflows now stand at $64.63 billion. Following that was the Ark & 21Shares ETF ARKB, with weekly net inflows of $98.5036 million. ARKB's cumulative historical net inflows have reached $1.55 billion.The Bitcoin spot ETF with the highest net outflows last week was Fidelity's FBTC, with weekly net outflows of $104 million. FBTC's cumulative historical net inflows currently amount to $11.01 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $101.45 billion. The ETF net asset ratio (the proportion of ETF market value relative to Bitcoin's total market cap) has reached 6.55%, with cumulative historical net inflows totaling $57.74 billion.