Bitcoin Spot ETFs Record $61.53M Net Outflow in Latest Week

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Bitcoin breaking news: Bitcoin spot ETFs recorded a $61.53 million net outflow for the week ending July 31 (EDT). Fidelity’s FBTC experienced $85.19 million in outflows, while BlackRock’s IBIT attracted $86.90 million in inflows. Grayscale’s GBTC lost $52.63 million. Total net asset value remains at $76.29 billion, with a 6.04% net asset ratio. Bitcoin news shows mixed flows as the market remains active.

Odaily Planet Daily report: According to SoSoValue data, Bitcoin spot ETFs recorded a net outflow of $61.53 million during last week's trading days (July 27 to July 31, Eastern Time).

Last week, the Bitcoin spot ETF with the largest net outflow was Fidelity’s FBTC, with a weekly net outflow of $85.19 million; FBTC’s cumulative net inflow to date stands at $9.92 billion. Second was Grayscale’s Bitcoin Trust (GBTC), with a weekly net outflow of $52.63 million; GBTC’s cumulative net outflow to date totals $27.47 billion.

Last week, the Bitcoin spot ETF with the highest net inflow was BlackRock’s IBIT, with a weekly net inflow of $869.02 million, bringing IBIT’s total historical net inflow to $60.48 billion.

As of the time of publication, the total net asset value of spot Bitcoin ETFs is $76.29 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 $51.32 billion.

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