US spot Bitcoin exchange-traded funds recorded a combined net outflow of $265 million on July 31, according to SoSoValue data cited by Odaily. BlackRock’s iShares Bitcoin Trust (IBIT) posted the largest single-day withdrawal at $123 million, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) saw net outflows of $54.781 million. Despite the daily pullback, IBIT’s cumulative historical net inflow stood at $60.481 billion, and FBTC’s reached $9.919 billion. As of press time, the total net asset value of spot Bitcoin ETFs was $76.294 billion. The ETF net asset ratio, which measures ETF market value as a share of Bitcoin’s total market capitalization, was 6.04%. Historical cumulative net inflows across the category reached $51.325 billion. The figures reflect a negative daily flow session while leaving the broader cumulative inflow totals for the US spot Bitcoin ETF segment well in positive territory.
US spot Bitcoin ETFs posted a total net outflow of $265 million on July 31, Eastern Time, according to SoSoValue data cited by Odaily.
BlackRock’s ETF IBIT recorded the largest single-day net outflow at $123 million. IBIT’s historical cumulative net inflow currently stands at $60.481 billion.
Fidelity’s ETF FBTC followed with a single-day net outflow of $54.781 million. FBTC’s historical cumulative net inflow currently stands at $9.919 billion.
As of press time, the total net asset value of spot Bitcoin ETFs was $76.294 billion. The ETF net asset ratio, defined as ETF market value as a share of Bitcoin’s total market capitalization, was 6.04%. Historical cumulative net inflows had reached $51.325 billion.
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