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PiCK

US Spot Bitcoin ETFs See $221.72 Million Inflow, Ending 10-Day Outflow Streak

Source
YM Lee

Summary

  • U.S. spot Bitcoin ETFs switched to net inflows after ending a 10-trading-day streak of net outflows.
  • U.S. spot Bitcoin ETFs recorded total net inflows of $221.72 million on the day, ending the net outflow trend that had persisted over the previous 10 trading days.
  • Fidelity’s FBTC, Ark Invest’s ARKB, and VanEck’s HODL posted net inflows, while BlackRock’s IBIT saw $40.43 million in net outflows.

Forecast Trend Report by Period

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Photo: Trader T
Photo: Trader T

U.S. spot-Bitcoin exchange-traded funds posted net inflows on July 2, ending a streak of net outflows that had lasted 10 trading days.

According to Trader T, the funds recorded combined net inflows of $221.72 million. That marked the end of the 10-session run of outflows.

Fidelity’s FBTC led the gains with $165.96 million in net inflows. Ark Invest’s ARKB drew $91.84 million, while VanEck’s HODL posted net inflows of $4.35 million.

BlackRock’s IBIT, by contrast, saw net outflows of $40.43 million. The remaining ETFs — Bitwise’s BITB, Invesco’s BTCO, Franklin Templeton’s EZBC, and Grayscale’s GBTC and Mini Bitcoin Trust — recorded no flows.

#Bitcoin ETF
#ETF Movement
YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE

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