Bitcoin ETFs end July in the green despite late-month selling
Spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year to date after heavy withdrawals in May and June.
US-listed spot Bitcoin exchange-traded funds (ETFs) finished July in the green despite a late-month wave of selling and BTC price volatility.
Bitcoin ETFs attracted a modest $172.4 million in net inflows in July, reversing two consecutive months of outflows, according to SoSoValue data.
The monthly inflows came despite a volatile end to July, as the funds logged a $265.4 million net outflow on Friday, marking their largest daily withdrawal since July 13.