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US Spot Bitcoin ETFs Suffer $225M Net Outflow, Ending Seven-Day Inflow Streak

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BTC
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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.

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