On July 16, American spot ETFs acquired 6,470 bitcoins, valued at around $422 million. Notably, BlackRock's IBIT fund accounted for $260 million of this purchase. This marks the eighth consecutive trading day of capital inflows into these funds.
Bitcoin's price experienced a significant surge on the night of July 17, reaching $66,000. This increase of over $10,000 followed a dip earlier in the month.
