On July 27, the total holdings of the U.S. bitcoin:native spot ETF dropped to 1,212,804.26 BTC, with a net outflow of 196.61 BTC on the day, marking the third consecutive trading day of net outflows. However, compared to the -3,410.11 BTC on July 23 and -3,827.35 BTC on July 24, the outflow scale has significantly narrowed, with the reduction intensity being just a fraction of the previous two trading days. Since July, the total holdings of BTC spot ETFs have still increased by 7,134.66 BTC, a growth of approximately 0.59%. Since 2026, cumulative reductions have reached 88,972.01 BTC, but from the first day of listing to now, total holdings have still increased by 590,453.59 BTC, indicating a substantial long-term capital accumulation. Currently, BlackRock holds 735,691.15 BTC, accounting for 60.66% of the total U.S. BTC spot ETF holdings. Combined, BlackRock, Fidelity, and Grayscale account for over 85%, meaning daily changes in total holdings remain highly dependent on these leading ETFs. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all in one platform for trading!