Bitcoin spot ETFs saw a net inflow of $2.72 billion last week, marking the fifth consecutive week of net inflows

On July 14, according to SoSoValue data, from July 7 to 11, Eastern Time, Bitcoin spot ETFs saw a single-week net inflow of $2.72 billion, marking the fifth consecutive week of net inflows. BlackRock's IBIT recorded the highest single-week net inflow of $1.76 billion, with a cumulative historical inflow of $54.4 billion; Fidelity's FBTC had a net inflow of $400 million, with a cumulative historical inflow of $12.61 billion. Grayscale's GBTC, on the other hand, saw a net outflow of $50.37 million, with a cumulative historical net outflow of $23.38 billion. As of now, the total net asset value of Bitcoin ETFs is $150.6 billion, accounting for 6.43% of Bitcoin's market cap. [Deep Tide TechFlow]