Bitcoin ETFs recorded their first outflow in 15 days

On July 1, American spot exchange-traded funds based on the first cryptocurrency recorded an outflow of $342.2 million. This interrupted a 15-day streak totaling $4.7 billion.

The most popular IBIT instrument from BlackRock showed zero flow after 15 days of positive dynamics totaling $3.8 billion. The leader in outflows was FBTC from Fidelity — $172.7 million. It was followed by GBTC from Grayscale ($119.5 million), ARKB from ARK Invest ($27 million), and BITB from Bitwise ($23 million).

Since its launch in January 2024, American Bitcoin ETFs have attracted a total of $48.9 billion. For the current year, the inflow amounted to $13.5 billion. The companies manage assets worth $128 billion.