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Last week, Bitcoin ETFs experienced a net outflow of $1.22 billion, with BlackRock's IBIT leading the decline.
【ChainWen】Last week, Bitcoin spot ETFs experienced significant capital fluctuations. According to SoSoValue’s statistics, from November 3rd to 7th, over the five trading days, the overall net outflow reached $1.22 billion.
Specifically, on the inflow side: Grayscale’s Bitcoin Mini Trust performed the best, attracting $21.61 million in a single week, with total net inflows reaching $1.97 billion; Bitwise’s BITB followed closely, with weekly inflows of $4.69 million, and total inflows amounting to $2.32 billion.
However, the outflow numbers are even more striking — BlackRock’s IBIT became a “hard hit,” withdrawing $581 million in just one week. But they have substantial reserves, with total net inflows still at $64.32 billion; Fidelity’s FBTC was not spared either, with outflows of $438 million, and total historical inflows reaching $12 billion.
As of now, the total net asset value of all Bitcoin spot ETFs stands at $138.08 billion, accounting for 6.67% of Bitcoin’s total market capitalization. Since their launch, these ETFs have attracted a total capital inflow of $59.97 billion.
This wave of net outflows may be related to market sentiment last week, but from a long-term perspective, capital continues to flow in steadily.