Spot Bitcoin ETFs With Their Best Performance Since the Beginning of June
Against the backdrop of the crypto market, U.S.-based spot Bitcoin ETFs registered their strongest day of net inflows in more than a month.
This is the first time in three trading weeks that net inflows across all funds were positive, registering $295 million on July 8.
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Will Bitcoin Withstand the Selling Preassure From Germany’s Government?In addition, the inflows achieved marked the most significant inflow since June 5, when they reached more than $488 million.
BlackRock’s ETF, the iShares Bitcoin Trust, saw the largest inflows with a result of $187.2 million, while Fidelity’s Wise Origin Bitcoin Fund followed with $61.5 million.
The Grayscale Bitcoin Trust had a rare positive day, receiving inflows of $25.1 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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