finance
Spot Bitcoin ETFs Post Largest Daily Inflow in Over a Month
U.S. spot bitcoin ETFs recorded $265.69 million in net inflows on Monday, the largest single-day total in more than a month. Ether ETFs added $20.66 million the same day. Weekly net flows remained negative for both products.
Jul 7, 2:51 AM·1m read1 source
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U.S. spot bitcoin ETFs took in $265.69 million on Monday, the largest daily inflow in over a month and the second positive session in three days, according to SoSoValue data reported by CoinDesk. BlackRock's IBIT accounted for $209.40 million of the total.
ARKB received $32.98 million and Grayscale's mini bitcoin fund added $42.25 million. GBTC recorded an outflow of $44.45 million, the only fund showing a net loss that day.
Over the shortened holiday week, spot bitcoin ETFs posted a net outflow of $526.6 million, marking an eighth consecutive week of negative flows. Ether ETFs lost $13.7 million for the week. Total assets in bitcoin ETFs rose to $77.32 billion from a June 30 low of $70.95 billion, supported by both price recovery and the day's inflows. Bitcoin traded near $63,200 when the data were released.
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