Bitcoin Spot ETFs Record $103.9M Net Outflow in Week Ending May 15

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Bitcoin news reports that spot ETFs experienced a net outflow of $103.9 million for the week ending May 15, according to SoSoValue. ARKB led with a $32.4 million outflow, followed by IBIT at $31.7 million. Grayscale’s BTC was the only fund to see an inflow, gaining $12.6 million. Total assets remain at $104.29 billion, with Bitcoin analysis showing a 6.58% share of the total market cap.

ME News reports that, as of May 18 (UTC+8), according to SoSoValue data, Bitcoin spot ETFs recorded a net outflow of $1.039 billion during the previous trading week (May 11 to May 15, Eastern Time).

Last week, the Bitcoin spot ETF with the largest net outflow was the Ark & 21Shares ETF ARKB, with a weekly net outflow of $324 million; ARKB's total historical net inflow now stands at $1.39 billion. Second was BlackRock's ETF IBIT, with a weekly net outflow of $317 million; IBIT's total historical net inflow now stands at $65.78 billion.

Last week, the Bitcoin spot ETF with the highest net inflow was Grayscale Bitcoin Mini Trust BTC, with a weekly net inflow of $12.604 million, bringing BTC's total historical net inflow to $2.3 billion.

As of press time, the total net asset value of spot Bitcoin ETFs is $104.29 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.58%, and cumulative net inflows reaching $58.34 billion to date.(Source: SoSoValue)

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