Spot Bitcoin ETFs extend outflows to a third day, shed $11.64 million on July 27
AI Market Summary
Spot Bitcoin ETFs saw a $11.64M net outflow on July 27, extending withdrawals to a third consecutive day and led by BlackRock's IBIT and Fidelity's FBTC. While small versus the cohort's ~$78.7B in net assets and still-positive cumulative inflows, persistent outflows can signal softer marginal demand and weigh on near-term market tone and liquidity conditions for BTC.
Impact level
● Medium
Affected assets
BTC/USDT-3.02%
AI Insight · BTC/USDTAI Insight
● Neutral
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Spot Bitcoin exchange-traded funds posted net redemptions of $11.64 million on July 27 (U.S. Eastern Time), extending the outflow streak to three consecutive sessions, according to SoSoValue data cited by Odaily Planet Daily.
BlackRock's iShares Bitcoin Trust (IBIT) led the day's withdrawals, with net outflows of $8.82 million. Despite the pullback, IBIT's cumulative net inflows stand at $60.386 billion. Fidelity's Wise Origin Bitcoin Fund (FBTC) followed with $2.8237 million in net outflows, while its historical net inflows total $10.002 billion.
As of publication, spot Bitcoin ETFs collectively held $78.713 billion in net asset value. The group's assets represent 6.04% of Bitcoin's total market capitalization, and cumulative net inflows since launch reached $51.374 billion.
