Spot Bitcoin ETF Inflows Highlights
During July 15 and July 19, 2024, spot Bitcoin ETFs observed a total net inflow of $17.08 billion, with FBTC leading with the largest inflow on July 19.
FBTC Leading the Inflow Trend
On July 19, spot Bitcoin (BTC) ETFs recorded inflows of $383.6 million, following a record $422.9 million on July 16. The Fidelity Wise Origin Bitcoin Fund (FBTC) and BlackRock’s iShares Bitcoin Trust (IBIT) were at the forefront, bringing in significant amounts of $141 million and $116.2 million, as reported by SoSoValue.
Impressive Performance Across Bitcoin ETFs
Various Bitcoin ETFs like Bitwise Bitcoin ETF (BITB) and VanEck Bitcoin Trust ETF (HODL) witnessed notable inflows, indicating a growing interest among investors. Bitwise’s BITB and VanEck’s HODL secured substantial inflows at $44.6 million and $41.8 million, respectively. Grayscale’s GBTC also saw a positive trend with an inflow of $20.3 million and maintained a strong market presence with $18.29 billion in net assets.
