🚀 Bitcoin ETFs See Record Inflows! 🚀

Spot Bitcoin ETFs witnessed a massive surge on July 12, with inflows exceeding $310M—the highest since June 5!

Key Highlights:

- BlackRock’s iShares Bitcoin Trust (IBIT) led with $120.03M.

- Fidelity Wise Origin Bitcoin Fund (FBTC) followed closely with $115.14M.

- Bitwise Bitcoin ETF (BITB) saw $28.42M, and Grayscale Bitcoin Trust (GBTC) had a rare inflow of $23.01M.

Notably, U.S.-based spot Bitcoin ETFs now hold an all-time high of 888,607 BTC! 💰

Bitcoin's price nudged up 2.4% to $58,543 amidst reduced trading volumes.

What are your thoughts on this trend? Comment below! 👇