Bitcoin ETFs See $424.66M in Net Outflows on July 13, Fidelity and BlackRock Lead Decline

BTC4.12%
GBTC4.24%

According to Glassnode, Bitcoin spot ETFs saw net outflows of $424.66 million on July 13, with Fidelity's FBTC declining $245.62 million, BlackRock's IBIT down $185.5 million, and Grayscale's GBTC falling $53.06 million. Bitcoin ETF trading volume reached $2.06 billion, while total net assets stood at $74.79 billion.

Glassnode noted that U.S. spot ETF trading volumes have fallen 78% from their peak and now sit below 2024 levels.

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