US spot Bitcoin exchange-traded funds (ETFs) recorded a total daily net inflow of $78.93 million on Thursday, marking the fifth consecutive day of positive flows.
Spot Bitcoin ETFs Record $79 Million in Net Inflows, Extending Positive Streak to Fifth Day
BlackRock's IBIT, the largest spot Bitcoin ETF by net asset value, led inflows with $72.09 million, according to SoSoValue data.
This ETF was also the most traded ETF on Wednesday, with $725.61 million in volume. Fidelity's FBTC followed with a net inflow of $32.69 million.
Other notable contributions included Bitwise's spot Bitcoin fund, which attracted $7.53 million, and Ark Invest and 21Shares ETF, which added $4.31 million.
In comparison, Grayscale's GBTC experienced a net outflow of $37.69 million. Six other funds, including VanEck's HODL, reported zero flows on the same day.
Overall, a total of $1.31 billion was traded in US spot bitcoin funds on July 11. This transaction volume remained significantly lower than in March, when it exceeded $8 billion in a few days. There has been a total of $15.5 billion in net inflows into ETFs since their inception in January.
*This is not investment advice.
