US Bitcoin spot exchange-traded funds (ETFs) have achieved a significant milestone, attracting over $17 billion in net inflows, a new record. BlackRock's IBIT led the way with $18.968 billion, while Fidelity’s FBTC also saw substantial inflows of $9.962 billion. In contrast, Grayscale’s GBTC experienced a notable outflow of $18.694 billion, indicating changing investor preferences. On July 17, US spot Bitcoin ETFs recorded a daily net inflow of $53.35 million, marking the ninth consecutive day of positive inflows. Despite a slight decrease from the previous day, BlackRock's IBIT remained dominant with $110.37 million in net inflows. The total trade volume for US spot Bitcoin funds on July 17 was $1.79 billion, reflecting steady investor interest. This surge in inflows underscores the growing acceptance of Bitcoin in mainstream investment portfolios. Read more AI-generated news on: https://app.chaingpt.org/news