BlackRock’s IBIT accounted for 90% of a $225 million Bitcoin ETF reversal after a seven-day buying streak

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US spot Bitcoin ETFs recorded $225 million in net outflows on July 23, ending a seven-session inflow streak. BlackRock’s IBIT contributed $202.5 million, accounting for nearly 90% of the US spot Bitcoin ETF sector’s aggregate net outflow. This withdrawal erased approximately 22.5% of the $999.3 million in inflows accumulated between July 14 and July 22. Bitcoin ended the session below $65,000, at $64,768. Despite this reversal, the eight-session window remains positive with $774.2 million in net inflows, according to Farside Investors data.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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