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14 May

Last week, US spot Bitcoin ETFs reversed their recent trend, posting net inflows of $116.8 million after four consecutive weeks of outflows of more than $1 billion.

The Grayscale ETF was the only spot Bitcoin ETF to experience net outflows last week, with a withdrawal of $171.1 million.

Leading the inflows, Fidelity's FBTC added $111.3 million, while Ark Invest's ARKB followed with $82.8 million in net inflows.

BlackRock's IBIT, which had previously seen significant activity, was quieter, posting $48.1 million in net inflows and ranking third. The combined total net inflows of these ETFs now stand at $11.7 billion.

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