Bitcoin spot ETFs saw a net outflow of $1.42 billion last week, the third-highest on record.

On June 1st, according to SoSoValue data, Bitcoin spot ETFs saw a net outflow of $1.42 billion during the past trading week (May 25th to May 29th, US Eastern Time), marking the third-highest outflow on record. The Bitcoin spot ETF with the largest net outflow last week was Blackrock's ETF IBIT, with a weekly net outflow of $966 million. Currently, IBIT's total historical net outflow stands at $63.81 billion. Following closely was Grayscale's Bitcoin Trust GBTC, with a weekly net outflow of $175 million. GBTC's total historical net outflow has reached $26.62 billion. As of press time, the total net asset value of Bitcoin spot ETFs is $94.17 billion. The ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) has reached 6.38%, with a cumulative historical net inflow of $55.66 billion.