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Bitcoin ETFs saw net outflows of $424.66 million, with Fidelity and BlackRock funds leading the decline
Svmuu News: On July 13, Bitcoins ETFs saw net outflows of $424.66 million, with Fidelity’s FBTC recording net outflows of $245.62 million,BlackRock’s IBIT saw net outflows of $185.5 million, and Grayscale’s GBTC saw net outflows of $53.06 million. The Grayscale Bitcoin Mini Trust saw net inflows of $53.38 million, and VanEck’s HODL saw net inflows of $6.14 million. Bitcoin Total ETF trading volume was $2.06 billion, with total net assets of $74.79 billion. The Ethereum ETF saw net outflows of $15.41 million, primarily from Fidelity’s FETH, with total trading volume of $430.91 million and net assets of $9.46 billion.HYPE ETFs saw net outflows of $3.93 million, all from Bitwise’s BHYP, with a total trading volume of $14.79 million and net assets of $327.79 million. There was no trading activity for XRP and Solana ETFs that day.Glassnode noted that U.S. spot ETF trading volume has fallen 78% from its peak and remains below 2024 levels. (Bitcoin.com News).
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