Bitcoin ETFs Post Fourth Straight Day of Net Outflows
US spot-Bitcoin exchange-traded funds (ETFs) have been experiencing net outflows for four consecutive trading sessions. According to Farside Investors data, on July 29, these ETFs posted combined net outflows of $49.7 million.
The only US spot-Bitcoin ETF to record net outflows that day was BlackRock's IBIT, with $54.8 million leaving the fund.
Grayscale's Bitcoin Mini Trust (BTC) partially offset this overall outflow by drawing in $5.1 million in net inflows.