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PiCK

US Spot-Bitcoin ETFs Revert to Net Outflows, Shedding $424.63 Million in a Day

Source

Forecast Trend Report by Period

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Photo: Trader T
Photo: Trader T

US spot-Bitcoin exchange-traded funds flipped back to net outflows after just one day.

Data from Trader T on July 14 showed the funds posted combined net outflows of $424.63 million in the previous session.

BlackRock’s IBIT recorded net outflows of $185.47 million, while Fidelity’s FBTC saw $245.62 million leave the fund. Grayscale’s GBTC also posted outflows of $53.06 million.

By contrast, VanEck’s HODL drew net inflows of $6.14 million, and Grayscale’s Mini Bitcoin Trust added $53.38 million, partially offsetting the broader withdrawals. The remaining products reported no net flows.

#Crypto ETF

shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit

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