BTC Spot ETF Inflows Surge to $429 Million, Marking 8 Days of Consecutive Growth

IconCryptoNewsTerminal Staff16 Jul, 2024

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BTC Spot ETF Inflows Surge to $429 Million, Marking 8 Days of Consecutive Growth

US Bitcoin Spot ETF inflows reached $429 million on July 16th, marking the 8th consecutive trading day of net inflow, according to crypto analyst HODL15Capital. BlackRock IBIT led the inflows with $260 million, followed by Fidelity FBTC ($61 million), Ark 21Shares ARKB ($30 million), Bitwise BITB ($17 million), VanEck HODL ($22 million), Invesco-Galaxy BTOO ($21 million), and Franklin Templeton EZBC ($9 million). This marks the first time since June 5 that net inflows have exceeded $400 million.