Bitcoin spot ETFs saw net outflows of $1.42 billion last week, the third highest on record.

CoinFeed reported on June 1st that, according to SoSoValue data, Bitcoin spot ETFs saw a net outflow of $1.42 billion last week (May 25th to May 29th, Eastern Time), marking the third-highest net outflow in history. The Bitcoin spot ETF with the largest net outflow last week was BlackRock ETF IBIT, with a weekly net outflow of $966 million. IBIT's total historical net outflow has reached $63.81 billion. This was followed by Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $175 million. GBTC's total historical net outflow has reached $26.62 billion.