Bitcoin ETFs in the US Slow Down Their Inflows

After U.S.-based spot Bitcoin exchange traded funds (ETFs) saw their highest inflows since June 4 on Monday (July 22), momentum slowed toward the end of the week.

Farside reported that spot BTC ETFs received a total of $31.1 million on July 25.

While the results are positive, they are well down from the $485.9 million raised on Monday.

Reportedly, only BlackRock’s iShares Bitcoin Trust (IBIT) recorded inflows equivalent to $70.7 million, while almost all other funds recorded neutral performance.

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The exception was Greyscale’s GBTC, which again recorded outflows of $39.6 million.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.