US spot bitcoin ETFs record $216 million in net inflows, continuing positive flow streak | Headlines | News | CoinMarketCap

07/10/2024 11:12
US spot bitcoin ETFs record $216 million in net inflows, continuing positive flow streak | Headlines | News | CoinMarketCap

The 11 spot bitcoin exchange-traded funds in the U.S. saw $216.33 million in net inflows on Tuesday, extending the positive streak to a third day. …

The 11 spot bitcoin exchange-traded funds in the U.S. saw $216.33 million in net inflows on Tuesday, extending the positive streak to a third day.

BlackRock’s IBIT, the largest spot bitcoin fund in terms of net asset value, led the pack of inflows with $121.03 million, followed by Fidelity’s FBTC, which recorded $90.95 million in net inflows, according to data from SoSoValue. Ark Invest and 21Shares’ ARKB reported $43.3 million in inflows, while VanEck’s bitcoin fund also saw $3.27 million.

On the other hand, Grayscale’s GBTC, the second largest bitcoin ETF, reported outflows of $37.5 million. Bitwise’s BITB also reported net outflows of $4.72 million.

A total of $1.19 billion worth of value was traded on the 11 spot bitcoin funds on Tuesday. The ETFs have accumulated a total net …

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