📰 Last week, spot Bitcoin ETFs saw net outflows of $229 million, mainly concentrated in two major funds: BlackRock’s IBIT had net outflows of $165 million, while Fidelity’s FBTC saw about $60.28 million in net outflows.
🔥 That may look like a sizable figure, but in the context of cumulative historical inflows, IBIT still stands at $65.57 billion, and FBTC at $10.45 billion. A single week of withdrawals is not the same as long-term cumulative inflows, so don’t rush to conclusions based on just one number.
👀 Some funds moved in the opposite direction. Morgan Stanley’s MSBT saw net inflows of about $6.67 million last week, bringing its cumulative historical net inflows to $769 million. The flows weren’t entirely aligned, showing that capital flows still vary across different ETFs.
💡 As of the data in the article, total net assets of spot ETFs stood at $104.29 billion, the net asset ratio was 6.35%, and cumulative historical net inflows had reached $56.88 billion. Honestly, these figures are best viewed together: weekly outflows are worth watching, but on their own, they don’t show that capital has broadly shifted direction.
🤔 When you look at ETFs, which matters more to you: weekly outflows or cumulative assets?
#比特币 #现货ETF #IBIT #CryptoMarket