Bitcoin Spot ETFs Record $11.64M Net Outflow on July 27

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Bitcoin news: On July 27 (EDT), Bitcoin spot ETFs recorded a net outflow of $11.64 million, marking the third consecutive day of withdrawals. BlackRock’s IBIT saw $8.82 million exit, while Fidelity’s FBTC lost $2.82 million. Total net assets remain at $78.71 billion, with a net asset ratio of 6.04%. On-chain data shows continued pressure as investors adjust their positions.

ME News reports that, as of July 28 (UTC+8), according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $11.6439 million on July 27 (Eastern Time).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's IBIT, with a net outflow of $8.82 million; IBIT's total historical net inflow now stands at $60.386 billion.

Second is Fidelity's ETF FBTC, with a single-day net outflow of $2.8237 million; the total historical net inflow for FBTC has reached $10.002 billion.

As of press time, the total net asset value of spot Bitcoin ETFs is $78.713 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.04%, and cumulative net inflows since inception reaching $51.374 billion.(Source: SoSoValue)

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