BlackRock’s iShares Bitcoin Trust garnered $260 million in investments from Bitcoin traders on July 16, making up more than half of the total net inflows for spot Bitcoin ETFs on that day.
This continued a positive trend for US spot Bitcoin ETFs with eight consecutive days of net inflows, reaching a total of $422.5 million. This was the highest amount since June 5, according to data from Farside Investors.
The Fidelity Wise Origin Bitcoin Fund came in second with $61.1 million in inflows, followed by the ARK 21Shares Bitcoin ETF in third with $29.8 million.
The VanEck Bitcoin ETF and Invesco Galaxy Bitcoin ETF also received inflows above $20 million, while the Grayscale, Hashdex, and WisdomTree spot Bitcoin ETFs did not show any inflows.
