Bitcoin Spot ETFs Record $527 Million Net Outflow Over Last Week

Bitcoin spot ETFs posted a net outflow of $527 million during the June 29 to July 2 trading week in U.S. Eastern time. According to Odaily, the figures were based on SoSoValue data. BlackRock’s IBIT recorded the largest weekly net outflow at $773 million, while its cumulative historical net inflow stood at $59.99 billion. Grayscale’s Bitcoin Trust (GBTC) had the second-largest weekly net outflow at $27.69 million, bringing its cumulative historical net outflow to $27.17 billion. Ark & 21Shares’ ARKB led weekly net inflows among bitcoin spot ETFs, posting a net inflow of $102 million. ARKB’s cumulative historical net inflow reached $1.26 billion.