US spot bitcoin ETFs report $147 million in net inflows, extending positive streak to four days | Headlines | News | CoinMarketCap

07/11/2024 11:42
US spot bitcoin ETFs report $147 million in net inflows, extending positive streak to four days | Headlines | News | CoinMarketCap

The U.S. spot bitcoin exchange-traded funds recorded a total daily net inflow of $147.37 million on Wednesday, marking a fourth consecutive day of …

The U.S. spot bitcoin exchange-traded funds recorded a total daily net inflow of $147.37 million on Wednesday, marking a fourth consecutive day of positive fund flows.

Fidelity’s FBTC led inflows on Wednesday with $57.79 million, according to data from SoSoValue. This was followed by Franklin Templeton’s spot bitcoin fund, which drew in $31.66 million, its largest fund intake since early May.

BlackRock’s IBIT, the spot bitcoin fund with the largest net asset value, reported net inflows of $22.24 million yesterday, and Valkyrie's BRRR posted net inflows of $20.68 million.

Invesco and Galaxy Digital’s BTCO also reported around $9.5 million in inflows, while funds from Ark Invest and 21Shares, Bitwise and VanEck saw smaller amounts of net intake.

Grayscale’s GBTC, the second largest …

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