On July 12, spot Bitcoin ETFs in the US experienced significant inflows exceeding $310 million. This was recorded as the highest inflow since June 5. According to data from Farside Investors, BlackRock's iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) collected the bulk of these investments. These ETFs received inflows of $120 million and $115.1 million, respectively.
Bitwise Bitcoin ETF ranked third with $28.4 million in inflows, while Grayscale Bitcoin Trust (GBTC) gained $23 million in a rare increase. Additionally, VanEck Bitcoin Trust ETF and Invesco Galaxy Bitcoin ETF recorded inflows of $6 million and $4 million, respectively. On the same day, spot Bitcoin ETFs from Hashdex, Franklin Templeton, Valkyrie, and WisdomTree did not experience any inflows. This day marked the largest inflow since June 5, when spot Bitcoin ETF issuers attracted a total of $488.1 million.
Friday's total brings this week's total inflows into spot Bitcoin ETFs to $1.04 billion. Even though only six months have passed since their launch, these ETFs have generated net inflows of $15.8 billion.
That total includes more than $18.6 billion in outflows from Grayscale's flagship Bitcoin product, which converted to spot form after receiving approval from the U.S. securities regulator in January. The only other spot Bitcoin ETF to experience a net outflow was the Hashdex Bitcoin ETF (DEFI), with a relatively small outflow of $2 million.
Bitcoin is up 1.1% in the last 24 hours and is currently trading at $57,858. However, it has fallen almost 15% in the past month and remains 21% below its all-time high.
PLEASE READ CAREFULLY FOR THE GIFT OF 10 DOLLARS.
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So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
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The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
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WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
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