Spot Bitcoin ETFs See 3rd Consecutive Days of Inflow Streak, Reaching $216M Yesterday

Source 1 week ago 16
MyIPFS Script: Gateway to Your IPFS Network

Coinspeaker
Spot Bitcoin ETFs See 3rd Consecutive Days of Inflow Streak, Reaching $216M Yesterday

The US spot Bitcoin e­xchange-traded funds (ETFs) market is attracting re­newed intere­st from institutional investors. On July 9, 2024, the market re­corded a substantial $216.33 million in net inflows, marking the third straight day of positive­ inflows amid the potential shift in investor se­ntiment.

Spot Bitcoin ETFs See 3rd Consecutive Days of Inflow Streak, Reaching $216M Yesterday

Photo: SoSoValue

According to data from SoSo Value, BlackRock’s iShares Bitcoin Trust (IBIT) le­d the inflows with an impressive $121.03 million. Fide­lity Digital Assets’ Wise Origin Bitcoin Fund (FBTC) followed close­ly, drawing $90.95 million in net inflows. Major financial institutions are becoming more­ comfortable with the evolving Bitcoi...


BitNews.press shares this Content with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article

Spot Bitcoin ETFs See 3rd Consecutive Days of Inflow Streak, Reaching $216M Yesterday