TechFlow news, July 14 — According to SoSoValue data, from July 7 to 11 (Eastern Time), spot Bitcoin ETFs recorded a weekly net inflow of $2.72 billion, marking the fifth consecutive week of net inflows. BlackRock's IBIT saw the highest weekly net inflow at $1.76 billion, bringing its historical cumulative inflow to $54.4 billion; Fidelity's FBTC recorded a net inflow of $400 million, with a historical cumulative total of $12.61 billion. Grayscale's GBTC, however, saw a net outflow of $50.37 million, resulting in a historical cumulative outflow of $23.38 billion. As of now, the total net asset value of Bitcoin ETFs stands at $150.6 billion, accounting for 6.43% of Bitcoin's market capitalization.
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