US spot Bitcoin ETFs have generally rebounded in the past week due to the rebound in Bitcoin prices. According to SoSoValue data, these 12 funds recorded a weekly net inflow of $245 million, the third smallest total so far, but an improvement from last week's net outflow of $388 million. However, in terms of net asset value, the largest such fund, BlackRock IBIT, has seen a weekly net outflow for the second consecutive week, despite only having four days in both trading weeks due to holidays. This is the first time that the largest spot Bitcoin ETF in the market has experienced such a continuous decline; Its net asset value (NAV) of $54.3 billion still far exceeds its biggest competitors, Fidelity FBTC and Grayscale GBTC, both of which have a NAV of approximately $20 billion. @ahmadfitriadi

Interesting to see the shift in flows for Bitcoin ETFs, especially with BlackRock IBIT facing consecutive outflows. Will be worth watching how this trend evolves in the coming weeks. 📈🧐