Bitcoin ETF Outflows Total $265M as Investor Sentiment Shifts Amid Market Uncertainty

U.S. spot Bitcoin exchange-traded funds (ETFs) saw significant outflows on July 31, totaling approximately $265.4 million, according to data from Farside Investors.

This marks a notable reversal from the prior two sessions, during which these products had attracted a combined inflow of roughly $123 million.

The largest single-day withdrawal was seen in BlackRock's IBIT fund, with $122.7 million leaving the fund, followed by Fidelity's FBTC with $54.8 million in outflows, and Grayscale's GBTC with $52.6 million in net redemptions.