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Crypto ETFs Split on July 27 as Bitcoin Funds Lose $11.6M

Guavy AI Editorial Team
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Crypto exchange-traded funds (ETFs) showed diverging fund flows on July 27, with Bitcoin funds losing $11.64 million and Ethereum products gaining $9.23 million.

BlackRock's iShares Bitcoin Trust led the losses in Bitcoin funds, with $8.82 million in withdrawals, while BlackRock's iShares Ethereum Trust gained $11.75 million.

The contrasting fund flows occurred despite falling exchange reserves, which softened the bearish signal from fund outflows.

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