The latest inflows bring spot Bitcoin ETFs’ total net assets to $95.4 billion, or 5.27% of Bitcoin’s $1.8 trillion market capitalization.
Spot Bitcoin exchange-traded funds (ETF) continued their upward momentum, posting another successful week as cryptocurrency markets surged.
Spot Bitcoin (BTC) ETFs recorded net inflows of $1.67 billion in the trading week of Nov. 11–15, marking six consecutive weeks of positive flows, according to data from the crypto tracking platform SoSoValue.
BlackRock’s iShares Bitcoin Trust (IBIT) now leads cumulative historic inflows with $29.3 billion, while the Grayscale Bitcoin Trust ETF has seen outflows of $20.3 billion since spot BTC ETFs began trading in January.
