Bitcoin Spot ETFs See $142M Net Inflow This Week, BlackRock's IBIT Leads with $1.035B

According to a January 18 PANews report citing SoSoValue data, during this trading week (from January 12 to January 16, Eastern Time in the U.S.), Bitcoin spot ETFs experienced a net inflow of $1.42 billion. The Bitcoin spot ETF with the highest net inflow this week was BlackRock's IBIT, which saw a net inflow of $1.035 billion. IBIT's cumulative net inflow now totals $63.44 billion. The second-largest net inflow was recorded by Fidelity's FBTC, with a weekly net inflow of $194 million. FBTC's cumulative net inflow now stands at $11.92 billion. The Bitcoin spot ETF with the largest net outflow this week was Grayscale's Bitcoin Trust (GBTC), which experienced a net outflow of $16.757 million. GBTC's cumulative net outflow now totals $25.41 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $124.56 billion, with the ETF net asset ratio (the proportion of ETF market value to Bitcoin's total market value) reaching 6.53%. The cumulative net inflow into these ETFs since their inception has now reached $57.82 billion.