Bitcoin spot ETFs have experienced a substantial net inflow of $535 million between July 22 and July 26, according to data from SoSoValue. This notable influx of funds into Bitcoin spot ETFs suggests a growing interest in the cryptocurrency market, despite recent fluctuations. On July 26 alone, the net inflow was $51.6572 million, further emphasizing the increasing appeal of Bitcoin spot ETFs.

However, not all Bitcoin spot ETFs have enjoyed a positive net inflow. Grayscale's ETF GBTC saw a significant net outflow of $120 million for the week, with its historical net outflow reaching $18.81 billion. This contrast highlights the varying performance of different Bitcoin spot ETFs in the market.

The Bitcoin spot ETF with the highest net inflow last week was BlackRock's ETF IBIT, which recorded a remarkable weekly net inflow of $758 million. This substantial influx of funds has brought the historical total net inflow for IBIT to $19.73 billion, solidifying its position as a leading Bitcoin spot ETF. Fidelity's ETF FBTC followed with a weekly net inflow of $29.61 million, bringing its historical total net inflow to $9.99 billion.

As of the time of reporting, the total net asset value of Bitcoin spot ETFs stands at $62.095 billion. The net asset ratio of ETFs, which compares the market value to the total market value of Bitcoin, is 4.67%. This indicates a significant representation of Bitcoin spot ETFs in the broader cryptocurrency market. Furthermore, the historical cumulative net inflow of $17.587 billion demonstrates the sustained interest in Bitcoin spot ETFs.

The recent net inflow into Bitcoin spot ETFs suggests a growing confidence in the cryptocurrency market, despite recent fluctuations. As the market continues to evolve, it will be fascinating to see how Bitcoin spot ETFs perform and whether they can maintain their appeal to investors.