Last week, the total net outflow from US Bitcoin spot ETFs exceeded $1.7 billion, led by products under BlackRock.

According to SoSoValue data, US Bitcoin spot ETFs experienced a net outflow of $1.22 billion last week, marking two consecutive weeks of net fund outflows.

Among them, BlackRock's IBIT saw a net outflow of nearly $581 million last week, ranking first in weekly net outflows. Currently, IBIT has a total inflow of $64.32 billion.

Next are Fidelity's FBTC and ARK 21Shares ARKB, which recorded net outflows of $438 million and nearly $129 million last week, respectively.

Grayscale's GBTC, VanEck HODL, Valkyrie BRRR, and Franklin EZBC experienced net outflows of $64.33 million, $13.36 million, $11.34 million, and $8.72 million last week, respectively.

Notably, Grayscale's Bitcoin Trust (GBTC) and Bitwise BITB saw net inflows of $21.61 million and $4.69 million last week.

As of now, the total net asset value of Bitcoin spot ETFs is $138.08 billion, accounting for 6.67% of Bitcoin's total market cap, with a cumulative net inflow of $59.97 billion.

In the same week, Ethereum spot ETFs also performed poorly, recording a first-week net outflow of nearly $508 million.

Among them, BlackRock's ETHA experienced a net outflow of nearly $297 million last week, ranking first in weekly net outflows. Currently, ETHA has a total net inflow of $13.87 billion.

Next are Fidelity's FETH and Grayscale's ETH and ETHE, which recorded net outflows of nearly $109 million, $61.07 million, and $38.33 million last week, respectively.

Bitwise ETHW and VanEck ETHV experienced net outflows of $3.11 million and $264 thousand last week.

Notably, Invesco QETH and 21Shares TETH recorded net inflows of $2.59 million and nearly $520 thousand last week.

As of now, the total net asset value of Ethereum spot ETFs is $22.66 billion, accounting for 5.42% of Ethereum's total market cap, with a cumulative net inflow of $13.86 billion.