Bitcoin Spot ETF Sees Inflow of $311 Million, Extends 6-Day Winning Streak

IconCryptoNewsTerminal Staff12 Jul, 2024

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Bitcoin Spot ETF Sees Inflow of $311 Million, Extends 6-Day Winning Streak

Bitcoin Spot ETF Sees Inflow of $311 Million, Extends 6-Day Winning Streak Continuing its bullish momentum, Bitcoin Spot ETF witnessed a significant inflow of $311 million on July 12, marking the sixth consecutive trading day of inflows, according to crypto analyst HODL15Capital. Multiple ETFs, including BlackRock IBIT, Fidelity FBTC, and Ark21 Shares ARKB, saw positive inflows. No ETFs recorded outflows. The surge in inflows, with a daily infusion of over $300 million for the first time since June 5, highlights the growing institutional interest in Bitcoin.