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PiCK

US Spot Bitcoin ETFs Post $225.1 Million of Net Outflows, Ending Eight-Day Streak

Source
Uk Jin

Summary

  • Spot Bitcoin ETFs turned to net outflows after eight trading sessions of inflows.
  • On July 23, the 12 spot Bitcoin ETFs recorded combined net outflows of $225.1 million.
  • BlackRock's IBIT posted $202.5 million in net outflows, while Morgan Stanley's MSBT recorded $5 million in net inflows.

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Photo: Shutterstock
Photo: Shutterstock

US spot Bitcoin exchange-traded funds posted net outflows after eight consecutive trading sessions of inflows.

Farside Investors data showed the 12 spot Bitcoin ETFs recorded combined net outflows of $225.1 million on July 23.

BlackRock's IBIT led the withdrawals with $202.5 million in net outflows. Ark Invest's ARKB posted $7 million in net outflows, while Fidelity's FBTC and Invesco's BTCO each recorded $5.6 million in net outflows.

Morgan Stanley's MSBT posted net inflows of $5 million.

#Bitcoin ETF
Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

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