US Bitcoin ETFs Registered Their Best Performance in 6 Weeks
17.07.2024 14:00 1min. read Alexander Stefanov
Momentum and investor faith appears to be sustained as US spot Bitcoin ETFs continued their winning streak for an 8th consecutive day on Tuesday.
After seeing a total of $300.9 billion in inflows on Monday (July 15), these ETFs performed even better on Tuesday, registering a total of $422.5 million in inflows.
For the day, BlackRock’s iShares Bitcoin Trust (IBIT) attracted $260 million and Fidelity’s fund (FBTC) registered the second-largest inflows with a result of $61.1 million.
ARK’s 21Shares ETF (ARKB) ranked third with inflows of $29.8 million followed by VanEck’s (HODL) at $22 million.
According to information provided by Farside, the total amount accumulated by all spot Bitcoin ETFs in the U.S. on July 16 signaled their best performance since June 5.
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