PiCK
US Spot Bitcoin ETFs Log $233.15 Million in Net Inflows as Institutional Buying Continues
Summary
- US spot Bitcoin ETFs posted net inflows of $233.15 million in a single day, extending institutional buying.
- BlackRock's iShares Bitcoin Trust (IBIT) drew $183.41 million, accounting for most of the total net inflows.
- By contrast, Grayscale GBTC, Invesco's BTCO, Franklin Templeton's EZBC, Valkyrie's BRRR and WisdomTree's BTCW posted no inflows or outflows.
Forecast Trend Report by Period
US spot Bitcoin exchange-traded funds recorded $233.15 million in net inflows over one day, extending institutional buying.
Trader T data for July 30 showed total net inflows of $233.15 million into US spot Bitcoin ETFs.
BlackRock's iShares Bitcoin Trust (IBIT) led the inflows with $183.41 million, accounting for most of the day's total. Bitwise's BITB took in $20.74 million, followed by Fidelity's FBTC with $15.5 million, Morgan Stanley's MSBT with $7.42 million, VanEck's HODL with $2.29 million, Grayscale Mini Bitcoin with $2.29 million and ARK Invest's ARKB with $1.5 million.
Grayscale's GBTC, Invesco's BTCO, Franklin Templeton's EZBC, Valkyrie's BRRR and WisdomTree's BTCW posted no inflows or outflows.
YM Lee
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