In July, Net Flows into U.S. Bitcoin Spot ETFs Totaled $3.2 Billion, with iShares Bitcoin Trust (IBIT) Dominating
Publication Time:2024-08-01 13:51:06
During July, there was a notable influx of capital into the U.S. Bitcoin spot ETF market. As reported by Golden Finance, the total net inflow for Bitcoin spot ETFs in the U.S. amounted to $3.2 billion, equivalent to approximately 51,000 bitcoins. Among these inflows, the BlackRock iShares Bitcoin Trust (IBIT) stood out with a staggering $2.3 billion in net inflows for the month, bringing its total holdings to 342,978 bitcoins, solidifying its position at the top. Following closely behind is Fidelity's FBTC, which saw a net inflow of $785 million, placing it second. This data reflects the ongoing interest and confidence of investors in the Bitcoin spot market.
Bitcoin
BlackRock
Investment
Spot ETF
Net Flows