Bitcoin spot ETFs recorded a net outflow of $84.86 million on July 8, with GBTC leading the outflow at $63.69 million.

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Bitcoin ETF news: On July 8 (EDT), Bitcoin spot ETFs experienced a net outflow of $84.86 million, according to SoSoValue. Grayscale’s GBTC led the outflows with $63.69 million, bringing its total net outflow to $27.28 billion. Meanwhile, Grayscale’s BTC ETF recorded a net inflow of $52.83 million, with a cumulative total of $24.93 billion. Bitcoin ETFs now hold $75.34 billion in net assets, with a net asset ratio of 6.05%.

ME News reports that, on July 9 (UTC+8), according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $84.86 million on July 8 (Eastern Time).

The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Grayscale Bitcoin Mini Trust ETF (BTC), with a net inflow of $52.83 million; BTC's total historical net inflow now stands at $2.493 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Grayscale's GBTC, with a net outflow of $63.6893 million; GBTC's total historical net outflow now stands at $27.279 billion.

As of the time of writing, the total net asset value of spot Bitcoin ETFs is $75.339 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.05%, and cumulative net inflows reaching $51.281 billion.(Source: SoSoValue)

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