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PiCK

US Spot-Bitcoin ETFs See $132.3 Million of Net Inflows

Source
Doohyun Hwang

Summary

  • More than $100 million flowed into the U.S. spot-Bitcoin ETF market in a single day.
  • The 13 U.S. spot-Bitcoin ETFs recorded combined daily net inflows of $132.3 million, extending their inflow streak to a fourth straight trading session.
  • BlackRock's IBIT drew $136.48 million in net inflows, while Fidelity's FBTC posted net outflows of $4.18 million.

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Photo: SoSoValue
Photo: SoSoValue

More than $100 million flowed into the U.S. spot-Bitcoin exchange-traded fund market in a single day.

Data from SoSoValue showed the 13 U.S. spot-Bitcoin ETFs recorded combined net inflows of $132.3 million on July 17. The products have now posted inflows for four straight trading sessions. Cumulative net inflows across all U.S. spot-Bitcoin ETFs stood at $51.35 billion.

BlackRock's IBIT led with net inflows of $136.48 million. Fidelity's FBTC was the only fund to post net outflows, with $4.18 million leaving the ETF.

The other 11 spot-Bitcoin ETFs, including Grayscale's GBTC and its mini ETF BTC, Bitwise's BITB, ARK 21Shares' ARKB and VanEck's HODL, recorded no flows on the day.

#Bitcoin ETF
Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

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