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PiCK

US Spot Bitcoin ETFs Draw $233.15 Million, Extending Institutional Buying

Source

Summary

  • U.S. spot Bitcoin ETFs recorded net inflows of $233.15 million in one day, extending buying by institutional investors.
  • BlackRock’s iShares Bitcoin Trust (IBIT) drew $183.41 million, accounting for most of the total net inflows.
  • Grayscale’s GBTC, along with Invesco’s BTCO, Franklin Templeton’s EZBC, Valkyrie’s BRRR and WisdomTree’s BTCW, recorded no flows.

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Photo: Trader T
Photo: Trader T

U.S. spot Bitcoin exchange-traded funds recorded net inflows of $233.15 million in a single day, extending institutional buying.

Trader T data showed U.S. spot Bitcoin ETFs drew total net inflows of $233.15 million on July 30.

BlackRock’s iShares Bitcoin Trust (IBIT) led the inflows with $183.41 million, accounting for most of the total. Bitwise’s BITB added $20.74 million, followed by Fidelity’s FBTC with $15.5 million, Morgan Stanley’s MSBT with $7.42 million, VanEck’s HODL with $2.29 million, Grayscale Mini BTC with $2.29 million, and Ark Invest’s ARKB with $1.5 million.

Grayscale’s GBTC, Invesco’s BTCO, Franklin Templeton’s EZBC, Valkyrie’s BRRR and WisdomTree’s BTCW recorded no flows.

#Crypto ETF

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