PiCK
US Spot-Bitcoin ETFs See $84.9 Million in Net Outflows, Snapping Four-Day Inflow Streak
Suehyeon Lee
Summary
- US spot-Bitcoin ETFs posted total net outflows of $84.9 million.
- Spot-Bitcoin ETFs returned to net outflows after four trading days.
- Grayscale Bitcoin Mini Trust recorded net inflows of $52.83 million, offsetting part of the broader outflows.
Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds returned to net outflows.
According to Trader T data on July 9, the funds posted combined net outflows of $84.9 million in the previous session. That marked a return to net outflows after four trading days.
BlackRock’s IBIT recorded net outflows of $59.16 million, while Fidelity’s FBTC saw $14.88 million leave the fund. Grayscale’s GBTC also posted net outflows of $63.69 million.
By contrast, Grayscale Bitcoin Mini Trust drew net inflows of $52.83 million, offsetting part of the broader outflows. The remaining products saw no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.