US spot Bitcoin exchange-traded funds (ETFs) posted their strongest daily inflows in more than three weeks on Thursday, attracting $233.1 million.BlackRock’s iShares Bitcoin Trust (IBIT) led the gains with $183.4 million in net inflows, accounting for 78.7% of the day’s total, according to SoSoValue data. Bitwise’s BITB attracted $20.7 million, followed by Fidelity’s FBTC with $15.5 million, while several other funds posted smaller inflows.That flips Bitcoin ETFs into positive territory for the week, leaving them with $203.84 million in net inflows. Barring a net outflow above that value on Friday, the funds could close their fourth straight week in the green.July is also $437.8 million in the green after Thursday’s inflows and on pace to snap a two-month streak of multibillion-dollar outflows.Bitcoin traded at $64,338 at the time of writing, down 1.8% over the past week, according to CoinGecko.Meanwhile, spot Ether ETFs logged $13.3 million in net inflows on Thursday. The funds recorded losses in just five trading sessions throughout July after posting net inflows on only four trading days in June.Ether traded at $1,905 at the time of writing.Related: Bitcoin stable as Fed fave PC...
Bitcoin ETFs post $233M inflows, pushing week back into the green
1 month ago
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