Spot Bitcoin ETFs With Their Best Performance Since the Beginning of June

Against the backdrop of the crypto market, U.S.-based spot Bitcoin ETFs registered their strongest day of net inflows in more than a month.

This is the first time in three trading weeks that net inflows across all funds were positive, registering $295 million on July 8.

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In addition, the inflows achieved marked the most significant inflow since June 5, when they reached more than $488 million.

BlackRock’s ETF, the iShares Bitcoin Trust, saw the largest inflows with a result of $187.2 million, while Fidelity’s Wise Origin Bitcoin Fund followed with $61.5 million.

The Grayscale Bitcoin Trust had a rare positive day, receiving inflows of $25.1 million.

Alexander Stefanov