One day there was a positive cash flow of nearly half a billion dollars from ETF funds. All trading funds are buying, BTC is approaching $70k.
Below are details of Bitcoin Spot ETF cash flows on July 16.
BlackRock (IBIT): Buy $260.2 million
Fidelity (FBTC): Buy $61.1 million
Bitwise (BITB): Buy $17.3 million
ARK (ARKB): Buy $29.8 million
WisdomTree (BTCO): Buy $20.5 million
Franklin (EZBC): Buy $9.4 million
Valkyrie (BRRR): Buy $2.2 million
Invesco (BTCW): Buy $22 million
VanEck (HODL):
Grayscale (GBTC): 0
Summary: Duong $422.5 million