Spot Bitcoin ETFs see $32.1 million net inflow on July 29; BlackRock's IBIT tops with $89.8 million

AI Market Summary
Spot Bitcoin ETFs posted a net inflow of $32.1m on July 29, signaling continued marginal demand from the ETF channel despite dispersion across issuers. BlackRock's IBIT led with $89.8m in inflows while Fidelity's FBTC saw a $43.1m outflow, indicating investor reallocation rather than broad risk-off. Total ETF NAV remains sizable at $77.5b (~6.1% of BTC market cap).
Impact level
● Medium
Affected assets
BTC/USDT+0.87%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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According to SoSoValue data cited by ME News, spot Bitcoin ETFs posted a combined net inflow of $32.1099 million on July 29 (U.S. Eastern Time), as of July 30 (UTC+8). BlackRock's iShares Bitcoin Trust (IBIT) led the day's inflows, adding $89.8281 million. IBIT's cumulative net inflows now total $60.421 billion. Fidelity's Wise Origin Bitcoin Fund (FBTC) recorded the largest single-day outflow, with $43.08 million in net redemptions. FBTC's cumulative net inflows stand at $9.959 billion. At press time, total net asset value across spot Bitcoin ETFs was $77.455 billion. The ETF net asset ratio—ETF market cap as a share of Bitcoin's total market cap—was 6.08%, with cumulative historical net inflows at $51.357 billion. (Source: SoSoValue)