Odaily Planet Daily News - The US spot Bitcoin ETFs have generally rebounded over the past week along with the rise in Bitcoin prices. According to SoSoValue data, these 12 funds recorded a weekly net inflow of $245 million, the third smallest total to date, but an improvement over last week's net outflow of $388 million. However, the largest such fund by net asset value, BlackRock's IBIT, has experienced a weekly net outflow for the second consecutive week, despite only having four trading days in both weeks due to holidays. This marks the first time the largest spot Bitcoin ETF in the market has experienced such a consecutive decline; its net asset value (NAV) of $54.3 billion still far exceeds its largest competitors Fidelity's FBTC and Grayscale's GBTC, both of which have NAVs of around $20 billion.

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