Bitcoin spot ETFs recorded a $225 million net outflow on July 23, ending a seven-day net inflow streak.

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Bitcoin spot ETFs experienced a $225 million net outflow on July 23, ending a seven-day streak of inflows. Morgan Stanley’s MSBT ETF added $5.01 million, bringing its total to $400 million. BlackRock’s IBIT ETF led the outflows with $202 million, though its total remains at $6.07 billion. On-chain data shows that Bitcoin spot ETFs now hold $78.82 billion in net assets, with cumulative ETF inflows reaching $51.63 billion.

Odaily Planet Daily reports, according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $225 million yesterday (Eastern Time, July 23).

The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, with a net inflow of $5.01 million; MSBT's total historical net inflow now stands at $400 million.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock’s IBIT, with a net outflow of $202 million; IBIT’s total historical net inflow now stands at $60.607 billion.

As of the time of publication, the total net asset value of spot Bitcoin ETFs is $78.817 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.03%, and cumulative net inflows since inception reaching $51.626 billion.

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