On July 12, US-based spot Bitcoin exchange-traded funds experienced a significant increase in inflows, totaling over $310 million. BlackRock’s iShares Bitcoin Trust and the Fidelity Wise Origin Bitcoin Fund were the top performers, with $120 million and $115.1 million in flows respectively. The Bitwise Bitcoin ETF followed with $28.4 million, while the Grayscale Bitcoin Trust saw $23 million in inflows. Other ETFs like VanEck and Invesco Galaxy also received inflows. This marked the largest flow day since June 5, with a total of $1.04 billion in inflows for the week. Despite Bitcoin's recent price fluctuations, some ETF issuers are now looking to launch spot Ether ETFs. The industry is eagerly awaiting regulatory approval for these new products. Bitcoin's current price is $57,858, showing a 1.1% increase in the last 24 hours. Read more AI-generated news on: https://app.chaingpt.org/news