Bitcoin spot ETFs saw a net inflow of $75.67 million last week, with BlackRock’s IBIT leading at $204 million.

iconKuCoinFlash
Share
This is the logo of the coin.
BTC
$66,328.203.23%
AI summary iconSummary
Bitcoin breaking news: Bitcoin spot ETFs recorded a net inflow of $75.67 million for the week ending July 17, according to MetaEra. BlackRock’s IBIT led with $204 million, pushing total inflows to $60.49 billion. Grayscale’s BTC added $69.99 million, while Fidelity’s FBTC saw a outflow of $181 million. Bitcoin news indicates that strong ETF activity remains a key market driver.

ME News reports that, as of July 20 (UTC+8), according to SoSoValue data, Bitcoin spot ETFs recorded a net inflow of $75.67 million during the previous trading week (July 13 to July 17, Eastern Time).

Last week, the Bitcoin spot ETF with the highest net inflow was BlackRock's IBIT, with a weekly net inflow of $204 million; IBIT's total historical net inflow now stands at $60.49 billion. Second was Grayscale's Bitcoin Mini Trust (BTC), with a weekly net inflow of $69.988 million; BTC's total historical net inflow now stands at $2.56 billion.

Last week, the Bitcoin spot ETF with the largest net outflow was Fidelity's FBTC, with a weekly net outflow of $181 million; FBTC's total historical net inflow now stands at $9.97 billion.

As of press time, the total net asset value of spot Bitcoin ETFs is $77.74 billion, with an ETF net asset ratio (market value as a percentage of Bitcoin’s total market cap) of 6.04%, and cumulative net inflows reaching $51.35 billion historically.(Source: SoSoValue)

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.