Bitcoin Spot ETFs See $32M Net Influx Led by BlackRock's IBIT

Bitcoin spot ETFs recorded a net inflow of $32.1 million on July 29, according to SoSoValue data.

The largest single-day net inflow was seen in BlackRock's IBIT, which brought in $89.8 million, bringing its total historical net inflow to $60.4 billion.

On the other hand, Fidelity's FBTC suffered a net outflow of $43.1 million, with a total historical net inflow of $9.96 billion.

The total net asset value of spot Bitcoin ETFs stands at $77.5 billion, with an ETF net asset ratio of 6.08% and cumulative net inflows reaching $51.4 billion historically.