Bitcoin and Ethereum ETFs Record Net Outflows on July 24
On July 24, the U.S. spot Bitcoin (BTC) and Ethereum (ETH) ETFs recorded net outflows, according to data from KuCoin. The largest single outflow for BTC was $212 million from BlackRock's $IBIT fund, while ETH saw a $52.8 million outflow from the same institution's $ETHA fund.
The SOL and XRP ETFs saw no inflows or outflows on this day. In contrast, Hype ETFs recorded a net outflow of $6.9 million, with Bitwise's $BHYP fund accounting for the largest single outflow.
KuCoin provides real-time data on institutional ETF movements through their website, allowing users to track these statistics and more.