Bitcoin Spot ETFs See $425 Million Net Outflow on July 13
AI Market Summary
Bitcoin spot ETFs saw a $425m net outflow on July 13, led by withdrawals from BlackRock's IBIT ($185m) and Fidelity's FBTC ($246m), with additional GBTC outflows. Limited inflows into Grayscale's mini product and VanEck's HODL were insufficient to offset selling. The imbalance signals near-term weakness in institutional flow demand and can pressure broader crypto risk appetite.
Impact level
● Medium
Affected assets
BTC/USDT+0.05%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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Bitcoin spot ETFs posted a combined net outflow of $425 million on July 13, according to ChainThink, citing Trader T data. The biggest redemptions came from BlackRock's IBIT ($185 million), Fidelity's FBTC ($246 million), and Grayscale's GBTC ($53.06 million). On the inflow side, Grayscale Mini's BTC added $53.38 million and VanEck's HODL took in $6.14 million. Bitwise, Ark, Invesco, Franklin, Valkyrie, Morgan Stanley, and WisdomTree products reported zero net flow for the day.