Summary
- Spot-Bitcoin exchange-traded funds (ETFs) switched to net outflows after eight trading sessions.
- The 12 spot-Bitcoin ETFs posted combined net outflows of $225.1 million on July 23.
- BlackRock’s IBIT recorded net outflows of $202.5 million, while Morgan Stanley’s MSBT posted net inflows of $5 million.
Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds posted net outflows after eight straight trading sessions of inflows.
Data from Farside Investors showed the 12 spot-Bitcoin ETFs recorded combined net outflows of $225.1 million on July 23.
BlackRock’s IBIT led the outflows with $202.5 million. Ark Invest’s ARKB posted $7 million in net outflows, while Fidelity’s FBTC and Invesco’s BTCO each saw $5.6 million leave.
Morgan Stanley’s MSBT drew net inflows of $5 million.
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