Bitcoin spot ETFs see $84.86 million net outflow on July 8; Grayscale's GBTC posts the largest redemption at $63.69 million

AI Market Summary

US-listed Bitcoin spot ETFs saw a net outflow of $84.86m on July 8, led by Grayscale's GBTC outflow of $63.69m, reinforcing ongoing fee-driven rotation away from legacy products. While Grayscale's Bitcoin Mini Trust posted a $52.83m inflow, the aggregate flow signal is risk-off for near-term positioning and can tighten marginal demand from ETF channels, a key source of spot-market support.

Impact level

● Medium

Affected assets

BTC/USDT+0.30%

AI Insight · BTC/USDTAI Insight

▼ Bearish

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PANews, July 9 — Data from SoSoValue show that Bitcoin spot ETFs recorded total net outflows of $84.86 million on July 8 (U.S. Eastern Time). Grayscale Bitcoin Mini Trust ETF (BTC) led single-day inflows, attracting $52.83 million. Its cumulative net inflows have reached $2.493 billion. Grayscale Bitcoin Trust ETF (GBTC) saw the largest single-day outflow at $63.69 million, bringing its cumulative net outflows to $27.279 billion.

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