📈 There is significant growth in the world of cryptocurrencies and blockchain technologies! On July 12, spot Bitcoin ETFs recorded a record inflow of funds exceeding $310 million, which was the highest level since June 5.
🔹 BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) led the way with inflows of $120.03 million and $115.14 million, respectively.
🔹 Bitwise Bitcoin ETF (BITB) raised $28.42 million, and Grayscale Bitcoin Trust (GBTC) raised $23.01 million.
🔹 VanEck Bitcoin Trust ETF (HODL) and Invesco Galaxy Bitcoin ETF (BTCO) also recorded inflows of $6.56 million and $4.03 million.
These results led to a new record: US spot Bitcoin ETFs now hold 888,607 BTC! 💰
Total inflows since the beginning of the week were $1.04 billion, and since the beginning of the year - almost $16 billion. Despite significant outflows, the Grayscale Bitcoin Trust remains the second largest ETF with $15.73 billion in assets.
The price of Bitcoin also rose 2.4%, reaching $58,543, although trading volumes decreased by 23.29%.
What do you think about this news? Share your opinions in the comments! 👇