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    Home ยป Bitcoin ETF Extends Positive Streak with 5th Consecutive Day of Capital Inflow
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    Bitcoin ETF Extends Positive Streak with 5th Consecutive Day of Capital Inflow

    By adminJul. 2, 2024No Comments1 Min Read
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    Bitcoin ETF Extends Positive Streak with 5th Consecutive Day of Capital Inflow
    Bitcoin ETF Extends Positive Streak with 5th Consecutive Day of Capital Inflow
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    On May 1st, the US spot Bitcoin exchange-traded funds (ETFs) saw significant daily inflows totaling $2 billion. Monday marked the fifth consecutive day of net inflows for BTC spot ETFs following a week of outflows in the final days of June.

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    According to data from the crypto research platform SoSo Value, Fidelity’s Wise Origin Bitcoin Fund recorded the largest inflow, receiving $65 million. Following closely was Bitwise Bitcoin ETF, which amassed $41 million.

    ARK 21Shares Bitcoin ETF also reported inflows of $13 million. Meanwhile, both iShares Bitcoin Trust and BlackRock’s GBTC, the two largest spot Bitcoin ETFs by net asset value, did not register any inflows on the same day.

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