Bitcoin spot ETFs had a net outflow of $2.61 billion last week, with BlackRock's Bitcoin ETF IBIT leading the way with a net outflow of $1.17 billion

Odaily report: According to SoSoValue data, during the past trading week (February 24 to February 28, Eastern Time), the net outflow of Bitcoin spot ETFs was $2.61 billion. The Bitcoin spot ETF with the largest net outflow last week was the Blackrock Bitcoin ETF IBIT, with a weekly net outflow of $1.17 billion. The total net inflow of IBIT has reached $39.7 billion. The second was the Fidelity Bitcoin ETF FBTC, with a weekly net outflow of $569 million. The total net inflow of FBTC has reached $11.76 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $95.379 billion, and the ETF net asset ratio (market cap to total Bitcoin market cap) has reached 5.71%. The cumulative net inflow has reached $36.942 billion.