Crypto:
30648
Bitcoin:
$65.157
% 3.81
BTC Dominance:
%53.9
% 0.11
Market Cap:
$2.37 T
% 1.34
Fear & Greed:
65 / 100
Bitcoin:
$ 65.157
BTC Dominance:
% 53.9
Market Cap:
$2.37 T

Spot Bitcoin ETFs See $78.93M Net Inflow Thursday

Spot Bitcoin Etfs

On Thursday, the U.S. spot bitcoin exchange-traded funds saw a total daily net inflow of $78.93 million, extending the good run to a fifth day.

Based on SoSo Value statistics, BlackRock’s IBIT, the biggest spot bitcoin ETF by net asset value, noted the highest net inflows of the day with $72.09 million. With $725.61 million of activity, the fund was also the highest-traded bitcoin ETF on Wednesday. The FBTC of Fidelity recorded net inflows of $32.69 million.

Bitwise’s spot bitcoin fund attracted $7.53 million; the ETF of Ark Invest and 21Shares added $4.31 million.

Net outflows from Grayscale’s GBTC, at $37.69 million, offset Wednesday’s inflows. Yesterday morning, VanEck’s HODL, among six other funds, reported nil flows.

On July 11, the U.S. spot bitcoin funds attracted trade totaling $1.31 billion overall. While the activity on some days approached $8 billion in March, the trading volume in spot bitcoin ETFs stayed far lower. Since their January inception, the ETFs have attracted $15.5 billion in overall net inflow.

U.S. issuers of their most recent revised registration statements for spot Ethereum ETFs are currently seeking approval from the Securities and Exchange Commission.

 

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