US Spot Bitcoin ETFs Record Inflows of $147M
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11 July

US spot Bitcoin ETFs posted a combined daily net positive combined daily inflow of $147.37 million yesterday, marking the fourth consecutive day of gains.

According to SoSoValue data, Fidelity's FBTC fund posted the largest inflow at $57.79 million, followed closely by Franklin Templeton's ETF with an inflow of $31.66 million.

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BlackRock's IBIT also recorded a positive inflow of $22.24 million, and Valkyrie's BRRR received $20.68 million in net inflows.

Other notable funds that recorded inflows include Invesco and Galaxy Digital's BTCO, which recorded about $9.5 million in net inflows.

Grayscale's GBTC was the only fund to record net outflows of $8.15 million.

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In total, the 11 spot Bitcoin funds traded $1.25 billion worth on Wednesday.

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