This positive news has lasted 5 days in a row and it brings $130M inflow to Bitcoin today!
At the end of the trading session on July 1, Spot BTC ETF funds in the United States recorded a net capital inflow of 130 million USD - the highest number in the past 3 weeks.
This is also the 5th consecutive day that Spot BTC ETFs recorded positive capital inflows, reversing the negative trend of the previous 7 consecutive days of net withdrawals.
Fidelity's FBTC fund led the flow yesterday with $65 million, followed by Bitwise's BITB fund with $41 million. Notably, the two Spot BTC ETFs in terms of net asset value, IBIT (BlackRock) & GBTC (Grayscale), saw zero net inflows on Monday.
ETF inflows helped Bitcoin rise above 63k and escape the downtrend on D1 Chart. This is definitely a positive thing for Bitcoin to prepare for a week of macro news such as FOMC, PMI Manufacturing Index or unemployment data.