Spot Bitcoin ETFs Record Highest Inflows in Over 5 Week

<h1 class="d-none">Spot Bitcoin ETFs Hit $310M Inflows in a Day</h1> <h2 class="d-none">Record Inflows for Spot Bitcoin ETFs in July 2024</h2> Spot Bitcoin ETFs Hit $310M Inflows in a Day

This significant inflow marks the highest single-day inflow for spot Bitcoin ETFs in over five weeks, indicating a strong investor interest.

BlackRock, a global investment management corporation, saw its iShares Bitcoin Trust attract the most inflows among all spot Bitcoin ETFs.

Fidelity, another major player in the financial services industry, saw its Wise Origin Bitcoin Fund receive significant inflows.

Grayscale, known for its flagship Bitcoin Trust, recorded a rare inflow day as it has experienced more outflows than inflows recently.

The combined inflows for all spot Bitcoin ETFs over the week amounted to $1.04 billion.

Bitcoin's price has seen a slight increase of 1.1% over the past 24 hours, bringing it to $57,934.78.

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