US spot bitcoin ETFs see $300 million inflows on seventh consecutive day of positive flows | Headlines | News | CoinMarketCap

07/16/2024 11:54
US spot bitcoin ETFs see $300 million inflows on seventh consecutive day of positive flows | Headlines | News | CoinMarketCap

The 11 spot bitcoin exchange-traded funds in the U.S. reported a daily net inflow of $301 million, extending its positive streak to a seventh …

The 11 spot bitcoin exchange-traded funds in the U.S. reported a daily net inflow of $301 million, extending its positive streak to a seventh consecutive day.

BlackRock’s IBIT, the biggest spot bitcoin ETF by net asset value, recorded the largest net inflows of the day with $117.25 million, according to SoSoValue data. The fund was also the most traded bitcoin ETF on Monday, with a volume of $1.24 billion. Ark Invest and 21Shares’ ARKB closely followed with net inflows of $117.19 million.

Fidelity’s FBTC saw net inflows of $36.15 million, and Bitwise’s BITB saw $15.24 million worth of inflows on Monday. Funds from VanEck, Invesco and Galaxy Digital and Franklin Templeton also recorded net inflows yesterday.

Grayscale’s GBTC recorded zero flows on Monday, along with the ETFs from …

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