PiCK
US Spot-Bitcoin ETFs See $11.65 Million in Net Outflows for Third Straight Session
Suehyeon Lee
Summary
- US spot-Bitcoin ETFs recorded net outflows.
- On July 27, US spot-Bitcoin ETFs posted total daily net outflows of $11.65 million, marking a third straight trading session of withdrawals.
- BlackRock’s IBIT saw $8.83 million in net outflows, while Fidelity’s FBTC posted $2.82 million in withdrawals.
Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds recorded net outflows.
Trader T data showed the funds posted total net outflows of $11.65 million on July 27, extending the streak to three consecutive trading sessions.
BlackRock’s IBIT led the outflows with $8.83 million. Fidelity’s FBTC posted net outflows of $2.82 million. The remaining products saw no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.