According
to
Farside
data,
Bitcoin
ETFs
experienced
a
notable
surge
in
inflows
on
July
19,
with
a
total
net
inflow
of
$427.2
million.
Leading
this
inflow
was
BlackRock’s
iShares
Bitcoin
Trust
(IBIT),
which
recorded
an
impressive
$116.2
million,
marking
a
significant
addition
to
its
holdings.
Fidelity’s
Wise
Origin
Bitcoin
Trust
(FBTC)
also
saw
substantial
inflows,
with
$141
million
added,
reflecting
strong
investor
interest
and
confidence.
| Date | ETF |
Inflow ($M) |
|---|---|---|
|
July 19 |
iShares Bitcoin Trust (IBIT) |
116.2 |
|
July 19 |
Fidelity Wise Origin Bitcoin Trust (FBTC) |
141.0 |
|
July 19 |
Bitwise Bitcoin ETF (BITB) |
44.6 |
|
July 19 |
Ark Invest Bitcoin ETF (ARKB) |
43.6 |
|
July 19 |
Grayscale Bitcoin Trust (GBTC) |
20.3 |
|
July 22 |
iShares Bitcoin Trust (IBIT) |
526.7 |
|
July 22 |
Fidelity Wise Origin Bitcoin Trust (FBTC) |
23.7 |
Farside
data
further
indicates
that
Bitwise’s
Bitcoin
ETF
(BITB)
had
an
inflow
of
$44.6
million,
while
Ark
Invest’s
Bitcoin
ETF
(ARKB)
reported
an
inflow
of
$43.6
million.
Despite
facing
outflows,
Grayscale’s
Bitcoin
Trust
(GBTC)
showed
a
$20.3
million
inflow
on
this
date.
These
figures
highlight
a
robust
overall
trend
in
Bitcoin
ETF
investments,
with
total
net
inflows
reaching
substantial
levels.
The
momentum
continued
on
July
22,
with
Bitcoin
ETF
inflows
peaking
at
$533.6
million.
BlackRock’s
IBIT
dominated
again
with
$526.7
million,
and
Grayscale
saw
zero
flows.
This
strong
performance
suggests
a
resurgence
in
appetite
for
Bitcoin
ETFs,
signaling
positive
sentiment
and
potential
for
further
digital
asset
market
growth
ahead
of
the
anticipated
Ethereum
ETF
launch
today.
The
total
inflow
for
spot
Bitcoin
ETFs
in
2024
has
now
hit
$17.585
billion.
Go to Source
Author: Liam ‘Akiba’ Wright
