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Bitcoin spot ETFs post $424.7 million net outflow, giving back last week\'s inflows

U.S. bitcoin spot exchange-traded funds saw $424.7 million of net outflows on July 13, effectively wiping out a recent inflow streak, according to CryptoSlate. Cumulative flows from July 6 to July 13 turned back to a $227.3 million net outflow. Fidelity’s FBTC and BlackRock’s IBIT led the withdrawals on July 13, while some funds posted inflows that were insufficient to shift the overall balance. Bitcoin traded around $62,611 on July 14.