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      Bitcoin spot ETFs saw $241 million in net inflows last week, marking three consecutive weeks of net inflows

      PANews reported on October 5, citing SoSoValue data, that Bitcoin spot ETFs recorded net inflows of $241 million during last week's trading sessions (September 28 to October 2, U.S. Eastern Time). The Bitcoin spot ETF with the largest net inflows last week was BlackRock's ETF IBIT, with weekly net inflows of $450 million, bringing IBIT's cumulative net inflows to $65.73 billion; followed by the Ark & 21 Shares ETF ARKB, with weekly net inflows of $25.5222 million, bringing ARKB's cumulative net inflows to $1.4 billion. The Bitcoin spot ETF with the largest net outflows last week was Fidelity's ETF FBTC, with weekly net outflows of $168 million, bringing FBTC's cumulative net inflows to $10.9 billion.

      As of press time, the total net asset value of Bitcoin spot ETFs stood at $108.89 billion, with the ETF net asset ratio (market capitalization as a share of Bitcoin's total market capitalization) reaching 6.42%, and cumulative net inflows totaling $57.79 billion.


      Source: PANews
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