PiCK
US Spot-Bitcoin ETFs Draw $69.1 Million, Extend Inflow Streak to Seven Sessions
Suehyeon Lee
Summary
- U.S. spot-Bitcoin ETFs posted total net inflows of $69.1 million, extending their streak to seven straight trading sessions.
- BlackRock's IBIT, Fidelity's FBTC, Bitwise's BITB and Morgan Stanley's MSBT all recorded inflows on the day.
- Grayscale's Bitcoin Mini Trust (BTC) drew $37.9 million in inflows, while GBTC posted $38.3 million in outflows.
Forecast Trend Report by Period
U.S. spot-Bitcoin exchange-traded funds extended their streak of net inflows.
Farside Investors data showed on July 23 that U.S. spot-Bitcoin ETFs recorded combined net inflows of $69.1 million the previous day. The gains marked a seventh straight trading session of net inflows.
BlackRock's IBIT led with $38.8 million of inflows. Fidelity's FBTC drew $21.5 million, Bitwise's BITB added $5.4 million and Morgan Stanley's MSBT posted $3.8 million of net inflows.
Grayscale's Bitcoin Mini Trust (BTC) brought in $37.9 million, while GBTC posted net outflows of $38.3 million. No other products recorded net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.