Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Bitcoin ETFs Inflows Show Strong Investor Confidence

Bitcoin ETFs Inflows Show Strong Investor Confidence

Cryptodnes2024/07/16 12:19
By:Cryptodnes

Following Bitcoin's price surge to over $60,000 on July 14 and subsequent strong performance through July 16, investors in BTC ETFs appear to be maintaining their confidence in the asset.

At the time of writing, BTC was trading at around $63,220, having briefly broken $65,000 on Binance in the early hours of the day.

On Friday, July 12, U.S.-based spot Bitcoin ETFs saw inflows of $310.1 million, their best result since June 5. For the entire week beginning July 8 and ending July 12, inflows totaled about $1.047 billion.

Investor momentum and faith doesn’t seem to be waning, as on Monday (July 15) these ETFs realized a total of $300.9 billion in inflows.

Bitcoin ETFs Inflows Show Strong Investor Confidence image 0

According to Farside, the majority of those inflows were directed to BlackRock’s ETF (IBIT) and the ARK 21Shares Bitcoin ETF (ARKB), which saw equal amounts – $117.2 million.

READ MORE:
Ethereum Set to Outshine Bitcoin Post Spot ETF Launch, Predicts Kaiko

They were followed by the Fidelity Wise Origin Bitcoin Fund (FBTC), which registered $36.1 million.

VanEck’s ETF (HODL) and that of Invesco (BTCO) also saw inflows, but much more modest, registering $3.6 million and $7.9 million, respectively.

SHARE: SHARES
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Didn’t Buy TRUMP Coin Early? Don’t Fumble BTFD—Claim 11900% Gains and a 300% Bonus: Top Meme Coin Presale to Buy Today!

BTFD Coin presale ends May 26—get 4x tokens with code LAUNCH300! 11,900% ROI potential, 90% APY staking, and P2E rewards. Don’t miss this moonshot!BTFD Coin (BTFD) – The Meme Presale Setting Whales LooseOfficial Trump (TRUMP) – The One That Got AwayFinal Word: Don’t Be the Guy Who Regrets Not Buying

Coinomedia2025/05/24 11:00
Didn’t Buy TRUMP Coin Early? Don’t Fumble BTFD—Claim 11900% Gains and a 300% Bonus: Top Meme Coin Presale to Buy Today!

Best Cryptos for Beginners: Get In on Troller Cat Before the 44x Lift — Notcoin and Fwog Push Higher

Troller Cat’s presale hits $150K with 4453.17% ROI potential as Notcoin and Fwog rally. Compare the best cryptos for beginners in today’s meme market.Troller Cat ($TCAT)Notcoin ($NOT)Fwog ($FWOG)Conclusion

Coinomedia2025/05/24 11:00
Best Cryptos for Beginners: Get In on Troller Cat Before the 44x Lift — Notcoin and Fwog Push Higher