Bitcoin ETFs Attracted Over $200 Million for the Second Day in a Row

After US-based spot Bitcoin ETFs recorded their strongest day of net inflows in more than a month on July 8, they continued their positive performance on July 9.

Registering $295 million on July 8, it was the first time in three trading weeks that net inflows across all funds were positive,

On July 9, BlackRock’s ETF, the iShares Bitcoin Trust, saw the largest inflow among all funds for the second day in a row, attracting $121 million, and Fidelity’s Wise Origin Bitcoin Fund followed it with $91 million, reflecting a $30 million increase from the previous day.

In third place was the ARK 21Shares Bitcoin ETF (ARKB), with inflows of $43.3 million, which is quite an achievement considering that on July 8, this fund attracted just $8.4 million.

Despite Monday’s positive result for the Grayscale Bitcoin Trust, yesterday the ETF again registered an outflow of $37.5 million.

Alexander Stefanov