US spot Bitcoin ETFs hemorrhaged $265.4 million on July 31, snapping a brief return to inflows. BlackRock’s iShares Bitcoin Trust, known as IBIT, accounted for nearly half of the outflows with $122.7 million in redemptions. Fidelity’s FBTC also saw $54.8 million in withdrawals. This outflow came just one day after these same funds attracted $233.1 million in net inflows, with IBIT alone pulling in $183.4 million. Despite the outflow, IBIT remains the dominant player with approximately $46.52 billion in net assets and roughly 739,066 BTC in holdings. US spot Bitcoin ETFs marked their third consecutive quarter of net outflows in Q2 2026.
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