BlackRock's Bitcoin ETF, iShares Bitcoin Trust (IBIT), experienced a significant outflow of $122.7 million on July 31.
This represents about 1,948 BTC ($62,980) sold by IBIT investors and comes amidst more than $265 million in net outflows for U.S. spot Bitcoin ETFs.
Market participants are closely watching upcoming ETF flow data to gauge investor sentiment and potential price movements.
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