Bitcoin Spot ETF Records $84.9M Net Outflow on July 8, While Ethereum Continues Inflows

BTC-2.46%
GBTC-2.46%
BLK-1.80%
ETH-2.75%

According to Farside Investors and SoSoValue, U.S. spot Bitcoin ETFs recorded a net outflow of $84.9 million on July 8, reversing the previous day's $21.5 million inflow. Major outflows came from BlackRock's IBIT ($59 million), Grayscale's GBTC ($64 million), and Fidelity's FBTC ($15 million), though Grayscale's Mini Bitcoin ETF saw inflows of $53 million.

Meanwhile, Ethereum spot ETFs attracted $70 million in net inflows on the same day, extending a five-day streak of consecutive inflows. Fidelity's FETH accounted for most flows at approximately $69 million, with Arca's ETHV also recording modest inflows.

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