On-site Bitcoin ETF recorded a net inflow of $363 million on Friday, marking strong investor interest, with net inflows for the twelfth consecutive day.
Blackrock’s iShares Bitcoin Trust (IBIT) leads inflows with a net worth of $496.7 million, strengthening its position as the largest spot bitcoin (BTC) ETF, assets of US$86.5 billion, according to Data from Sosovalue.
Fidelity’s Bitcoin ETF (FBTC) experienced a slight outflow, losing $17.94 million, while Grayscale’s Bitcoin Trust (GBTC) had an outflow of $81.29 million, despite $21.45 billion in assets under management. ARK’s Bitcoin Strategy ETF (ARKB) recorded a net outflow of $3.61 million.
Grayscale’s Bitcoin ETF remained stable with no net inflows or outflows, managing $5.37 billion. During the day, the total value of the transaction is approximately $4.62 billion.
Related: The rise of ETFs challenges Bitcoin’s self-customer roots
Bitcoin ETF attracts $6.6 billion in 12-day winning streak
Spot Bitcoin ETFs attracted approximately $6.62 billion in net inflows over a 12-day positive period.
During this period, the largest single-day inflow was recorded on July 10 and recorded at $1.18 billion, followed by July 11 at $1.03 billion. This is the first time these products have been seen More than $1 billion inflow Two consecutive days.
Other notable inflows occurred on July 16 and July 3, at $799.4 million and $601.94 million, respectively. On the other hand, net inflows on July 8 were $80.08 million.
The cumulative total net inflow of spot Bitcoin ETFs has now reached US$54.75 billion. Meanwhile, the total assets under management were US$152.4 million, accounting for 6.51% of Bitcoin’s market capitalization.
Related: Bitcoin ETF inflows indicate institutions “doubled” at $116K on BTC
Spot ETHETF obtains momentum
Spotted ether (ethThere has also been a massive inflow of ETFs in the past two weeks. On Friday, the net inflow of Ethereum spot ETF was $402.5 million, with a total cumulative net inflow of $7.49 billion.
Amid the 11-day inflow stripes, July 16 marks the peak of the Ether ETF Recorded a net inflow of $726.74 millionThis is the highest gain since its release. On July 17, a strong inflow of $602.02 million was also seen.
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