BlackRock Leads Bitcoin Spot ETF Outflow as IBIT Sees $123M Exit
According to SoSoValue data, Bitcoin spot ETFs saw a net outflow of $265 million on July 31. BlackRock's IBIT led the pack with a net outflow of $123 million.
This is significant considering that the historical total net inflow of IBIT has reached $60.481 billion.
Fidelity's FBTC came in second, with a net outflow of $54.781 million. Its historical total net inflow stands at $9.919 billion.