Bitcoin spot ETFs recorded a $265 million net outflow on July 31, with BlackRock’s IBIT leading.

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Bitcoin news reports that on July 31 (EDT), Bitcoin spot ETFs experienced a total net outflow of $265 million, according to SoSoValue data. BlackRock’s IBIT led with a $123 million outflow, while Fidelity’s FBTC saw a $54.78 million outflow. The total net asset value of Bitcoin spot ETFs stands at $76.294 billion, accounting for 6.04% of Bitcoin’s market cap. Bitcoin analysis indicates continued investor caution in the spot ETF space.

ME News reports that, as of August 1 (UTC+8), according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $265 million yesterday (Eastern Time, July 31).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's IBIT, with a net outflow of $123 million; IBIT's total historical net inflow now stands at $60.481 billion.

Second is Fidelity's ETF FBTC, with a single-day net outflow of $54.78 million; the total historical net inflow for FBTC has reached $9.919 billion.

As of press time, the total net asset value of spot Bitcoin ETFs is $76.294 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 $51.325 billion.(Source: SoSoValue)



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