Bitcoin spot ETF market has recovered its weekly net inflow within a week.
According to Soso Value aggregated data, a total of $246.75 million in funds were net inflows during this week (August 4-8, 5 trading days).
Although $643.04 million was withdrawn in the previous week, breaking the 7-week consecutive inflow, it successfully converted to net inflow in just one week.
While outflows continued in the early week on ▲4th (-$33.319 million) and ▲5th (-$196.18 million), after a slight inflow conversion on ▲6th ($91.55 million), consecutive large-scale inflows on ▲7th ($280.69 million) and ▲8th ($404.388 million) drove the weekly net inflow.
The cumulative trading volume over a week was $13.71 billion, with daily trading volumes of ▲4th $2.5 billion, ▲5th $2.26 billion, ▲6th $2.39 billion, ▲7th $3.55 billion, and ▲8th $2.61 billion.
The cumulative inflow of Bitcoin spot ETF was recorded at $54.43 billion.
The total net assets of Bitcoin spot ETF increased to $150.7 billion, which accounts for approximately 6.48% of the total Bitcoin market capitalization.
Currently, the largest Bitcoin spot ETF is BlackRock IBIT, managing net assets of $86.53 billion. Fidelity FBTC manages $23.53 billion, and Grayscale GBTC manages $21.06 billion.
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