Bitcoin spot ETFs recorded a $265 million net outflow on July 31, with BlackRock’s IBIT leading the way with a $123 million exit.

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On-chain data from SoSoValue shows that Bitcoin spot ETFs experienced a $265 million net outflow on July 31 (EDT). BlackRock’s IBIT led with a $123 million outflow, while Fidelity’s FBTC lost $54.78 million. Total net assets now stand at $76.29 billion, with ETFs holding 6.04% of Bitcoin’s market value. On-chain analysis reveals cumulative inflows have reached $51.33 billion, with IBIT’s total remaining at $60.48 billion.

ChainCatcher report, according to SoSoValue data, as of July 31 Eastern Time, the total net outflow from spot Bitcoin ETFs amounted to $265 million. The spot Bitcoin ETF with the largest single-day net outflow was BlackRock’s IBIT, with a net outflow of $123 million; IBIT’s cumulative net inflow to date stands at $60.481 billion. Second was Fidelity’s FBTC, with a single-day net outflow of $547.81 million; FBTC’s cumulative net inflow to date is $9.919 billion. As of the time of this report, the total net asset value of spot Bitcoin ETFs is $76.294 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin’s total market cap) at 6.04%, and cumulative net inflows since inception reaching $51.325 billion.

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