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PiCK

US Spot Bitcoin ETFs Log $32.1 Million Inflow, Ending Four-Day Outflow Streak

Source
Suehyeon Lee

Summary

  • U.S. spot Bitcoin ETFs posted total net inflows of $32.1 million, ending a four-day run of net outflows and returning to positive flows.
  • BlackRock's IBIT led total inflows into U.S. spot Bitcoin ETFs with net inflows of $89.8 million.
  • Fidelity's FBTC posted net outflows of $43.08 million, while Ark Invest's ARKB saw net outflows of $14.62 million.

Forecast Trend Report by Period

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Photo: Trader T
Photo: Trader T

U.S. spot Bitcoin exchange-traded funds returned to net inflows.

Data from Trader T showed U.S. spot Bitcoin ETFs recorded net inflows of $32.1 million on July 29, ending a four-day streak of net outflows.

BlackRock's IBIT led the inflows with $89.8 million. Fidelity's FBTC posted net outflows of $43.08 million, while Ark Invest's ARKB saw $14.62 million leave the fund. The remaining products were flat.

#Spot ETF
#Bitcoin ETF
#ETF
Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

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