Bitcoin surges past $64,000 as $300m flows into Bitcoin ETFs | Headlines | News | CoinMarketCap
07/16/2024 15:49Bitcoin’s price surged past $64,000 on 15 July, following a substantial inflow of $301 million into the eleven spot Bitcoin exchange-traded funds …
Bitcoin’s price surged past $64,000 on 15 July, following a substantial inflow of $301 million into the eleven spot Bitcoin exchange-traded funds (ETFs) in the U.S., marking the seventh consecutive day of positive inflows for these funds.
BlackRock’s IBIT, Ark Invest, and 21Shares’ ARKB led the inflows, each recording $117.2 million. BlackRock’s IBIT also emerged as the most traded Bitcoin ETF on Monday, with a trading volume of $1.24 billion.
Fidelity’s FBTC and Bitwise’s BITB saw net inflows of $36.15 million and $15.24 million, respectively, boosting their total inflows to $9.75 billion and $2.14 billion. Other Bitcoin ETFs, including those from VanEck, Invesco and Galaxy Digital, and Franklin Templeton, also reported net inflows on Monday.
In contrast, Grayscale’s GBTC, along …