US Spot Bitcoin ETFs Experience Significant Outflows, Reversing Positive Trend

US Spot Bitcoin ETFs Experience Significant Outflows, Reversing Positive Trend

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US spot Bitcoin Exchange-Traded Funds (ETFs) recorded their largest single-day outflows in July, totaling $424.66 million. This significant withdrawal has reversed a brief period of positive weekly flows, indicating a notable shift in investor sentiment.

US spot Bitcoin ETFs post $425M outflow after brief rebound

US spot Bitcoin ETFs saw their largest single-day outflows in July, with $424.66 million leaving the funds, reversing a brief return to positive weekly flows.