US spot Bitcoin exchange-traded funds recorded a combined $225.1 million in net outflows in the previous trading session, according to data tracked by Farside and cited by BlockBeats on July 24. The move snapped a seven-session run of net inflows across the group. BlackRock's IBIT accounted for the largest share of the withdrawals, posting $202.5 million in net outflows. Other products that saw money leave included FBTC with $5.6 million, BITB with $7 million, ARKB with $4.3 million, EZBC with $5.6 million, and BTCW with $5.1 million in net outflows. MSBT was the exception on the day, recording a net inflow of $5 million. The figures reflect one-day fund flow data for the US spot Bitcoin ETF market and mark a reversal after a week of steady net inflows.
US spot Bitcoin ETFs recorded net outflows of $225.1 million in the previous trading session, according to Farside data cited by BlockBeats on July 24. The result ended a streak of net inflows that had lasted seven straight trading days.
By fund, IBIT saw net outflows of $202.5 million. FBTC posted net outflows of $5.6 million, BITB $7 million, ARKB $4.3 million, EZBC $5.6 million, and BTCW $5.1 million. MSBT was the only product listed with net inflows, bringing in $5 million.
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