Bitcoin spot ETFs saw a total net outflow of $265 million yesterday, with BlackRock's IBIT leading at $123 million in net outflows

Odaily News According to SoSoValue data, yesterday (July 31, Eastern Time) Bitcoin spot ETFs saw a total net outflow of $265 million.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF IBIT, with a single-day net outflow of $123 million. Currently, IBIT's historical total net inflow has reached $60.481 billion.

Next was Fidelity's ETF FBTC, with a single-day net outflow of $54.781 million. Currently, FBTC's historical total net inflow has reached $9.919 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $76.294 billion, with the ETF net asset ratio (market value as a proportion of Bitcoin's total market cap) at 6.04%, and the historical cumulative net inflow has reached $51.325 billion.