BlackRock’s IBIT accounted for 90% of a $225 million Bitcoin ETF reversal after a seven-day buying streak

US spot Bitcoin ETFs recorded $225 million in net outflows on July 23, ending a seven-session inflow streak as net redemptions from BlackRock’s iShares Bitcoin Trust dominated the reversal. IBIT posted a $202 million net outflow, accounting for 89.96% of the US spot Bitcoin ETF sector’s aggregate net outflow. Five other funds recorded combined outflows [ ]