US Spot Bitcoin ETFs Suffer $225M Net Outflow, Ending Seven-Day Inflow Streak
The spot Bitcoin ETF market in the US experienced significant net outflows of $225.1 million on July 23, marking an abrupt end to a seven-day streak of consecutive inflows.
This sudden reversal is notable, as it follows a period of sustained positive flows that had accumulated substantial capital into the spot Bitcoin ETF ecosystem.
The largest single-day withdrawal occurred in BlackRock's iShares Bitcoin Trust (IBIT), with approximately $202.5 million leaving the fund.