The U.S. spot Bitcoin ETFs have generally rebounded in the past week alongside 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 from last week's net outflow of $388 million. However, the largest of such funds by net asset value, BlackRock IBIT, has seen a weekly net outflow for the second consecutive week, although both trading weeks were only four days long due to holidays. This marks the first occurrence of consecutive outflows for the largest spot Bitcoin ETF in the market; its net asset value (NAV) of $54.3 billion still far exceeds its largest competitors, Fidelity FBTC and Grayscale GBTC, both of which have NAVs of about $20 billion.