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    Home » Bitcoin ETF Continues to Gain Momentum with Capital Inflows for the Fifth Consecutive Day
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    Bitcoin ETF Continues to Gain Momentum with Capital Inflows for the Fifth Consecutive Day

    By adminJul. 2, 2024No Comments1 Min Read
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    Bitcoin ETF Continues to Gain Momentum with Capital Inflows for the Fifth Consecutive Day
    Bitcoin ETF Continues to Gain Momentum with Capital Inflows for the Fifth Consecutive Day
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    On May 1st, the spot Bitcoin exchange-traded funds (ETFs) in the United States experienced a significant daily inflow of $129.45 million. This marked the fifth consecutive day of net inflow for BTC after a week of downturn in the final days of June.

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    According to data from the cryptocurrency research platform SoSo Value, Wise Origin Bitcoin Fund, a subsidiary of Fidelity, had the largest inflow with $650,000. Bitwise Bitcoin ETF followed with a raise of $410,000.

    ARK 21Shares Bitcoin ETF also saw an inflow of $130,000. Meanwhile, iShares Bitcoin Trust and GBTC, two of the largest spot Bitcoin ETFs in terms of net asset value under BlackRock, did not receive any inflow on that day.

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