Bitcoin ETFs saw net outflows of $424.66 million, led by Fidelity and Blackrock funds

Odaily Planet Daily News, July 13 – Bitcoin ETFs recorded net outflows of $424.66 million, with Fidelity's FBTC seeing net outflows of $245.62 million, Blackrock's IBIT experiencing net outflows of $185.5 million, and Grayscale's GBTC reporting net outflows of $53.06 million. Grayscale Bitcoin Mini Trust recorded net inflows of $53.38 million, while Vaneck's HODL saw net inflows of $6.14 million. The total trading volume for Bitcoin ETFs was $2.06 billion, with total net assets standing at $74.79 billion. Ethereum ETFs reported net outflows of $15.41 million, primarily from Fidelity's FETH, with total trading volume reaching $430.91 million and net assets at $9.46 billion. HYPE ETFs saw net outflows of $3.93 million, all from Bitwise's BHYP, with total trading volume of $14.79 million and net assets of $327.79 million. There were no trading activities for XRP and Solana ETFs on that day. Glassnode indicates that trading volumes for US spot ETFs have dropped 78% from their peak and are now below 2024 levels. (Bitcoin.com News).