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

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

10.07.2024 9:33 1 min. read Alexander Stefanov
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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.

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

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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