Spot Bitcoin ETFs totaled $635.97 million in net inflows this week

According to on-chain analyst Ember’s monitoring, the total net inflow of spot Bitcoin ETFs this week was US$635.97 million, corresponding to the spot Bitcoin ETF’s increased holdings of approximately 9,675 BTC this week. In addition, BlackRock (IBIT) holds only 66,000 fewer BTC than Grayscale (GBTC). At the current trend rate of Grayscale reducing its holdings and BlackRock increasing its holdings, we should see BlackRock’s (IBIT) BTC holdings surpass Grayscale’s (GBTC) within the next 2~3 weeks. The ten spot Bitcoin ETFs currently hold a total of BTC: 839,190 BTC ($56.59 billion).