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

    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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