TechFlow news, according to SoSoValue data, yesterday (Eastern Time July 23) Bitcoin spot ETFs saw a total net outflow of $77.97 million. On the same day, Grayscale's ETF GBTC experienced a net outflow of $27.31 million, bringing GBTC's historical net outflow to $18.72 billion.
The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock's IBIT, which recorded a net inflow of $71.94 million. IBIT's cumulative net inflow has now reached $19.57 billion. At the time of reporting, the total net asset value of Bitcoin spot ETFs stood at $59.97 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) reaching 4.62%. The historical cumulative net inflow for Bitcoin spot ETFs has reached $17.46 billion.
