Spot Bitcoin ETFs record $265 million in net outflows
Spot Bitcoin ETFs experienced a significant outflow of funds, with a total of $265 million in net outflows on July 31.
The outflows were led by BlackRock’s IBIT, which saw $123 million in net outflows.
In contrast, spot Ethereum ETFs recorded total net inflows of $9.0295 million, with BlackRock’s ETHB seeing $15.3831 million in net inflows.