Crypto
BlackRock and Fidelity Bitcoin ETFs Suffer Significant Net Outflows
Bitcoin spot ETFs recorded a significant net outflow of $11.64 million on July 27, according to SoSoValue data.
The largest single-day net outflow was seen in BlackRock's IBIT, which lost $8.82 million; despite this setback, IBIT's total historical net inflow stands at $60.386 billion.
Fidelity's FBTC ETF also experienced a notable net outflow of $2.8237 million on the same day, but its total historical net inflow has reached $10.002 billion.