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Bitcoin ETF Outflows Reach $265M Amid Regulatory Uncertainty

Guavy AI Editorial Team
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BTC ETH
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US spot Bitcoin ETFs saw $265.4 million in net outflows on July 31, primarily driven by Blackrock's IBIT and Fidelity's FBTC funds. This reversal comes after a day of strong inflows. In contrast, spot ether ETFs attracted about $9 million in inflows, led by Blackrock's ETHA.

This trend marks the third consecutive quarter of net outflows for Bitcoin ETFs, which can be attributed to regulatory uncertainty and price volatility. Major funds like IBIT will likely continue to influence the bitcoin ETF market moving forward.

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