Daily Inflows into Spot Bitcoin ETFs Hit $422M
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17 July

US spot Bitcoin ETFs received a total of $422.67 million in daily net inflows yesterday, the most since June 5. It is the eighth consecutive day of positive flows for these funds.

Leading the inflows was BlackRock's IBIT, which received $260.23 million, its largest net inflow since June 6, according to SoSoValue data. IBIT also saw trading volume of about $1.02 billion on Tuesday.

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It was closely followed by Fidelity's FBTC with $61.05 million in inflows, as well as $29.85 million for 21Shares and ARK Invest's ARKB, while $22.04 million went into VanEck's HODL.

The Invesco and Galaxy Digital ETF also received $20.54 million in net inflows, while Bitwise's BITB received $17.34 million. In addition, the Franklin Templeton and Valkyrie Bitcoin ETFs also attracted funds on Tuesday.

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