Spot Bitcoin ETFs saw inflows of approximately $1.24 billion last week as spot markets rebounded. 📈

On July 19, Farside Investors reported $384 million in inflows, $140 million of which came from Fidelity. This was the eleventh consecutive day of positive flows. Even Grayscale's GBTC spot ETF received $20 million in inflows.

CBOE announced on July 19 that five spot Ethereum ETFs will begin trading on July 23. However, the SEC has not yet given official approval.

Grayscale will convert a portion of GBTC into a new ETF, Grayscale Bitcoin Mini Trust. The same will be done for the Ethereum product, and ETHE shareholders will receive new Grayscale Ethereum Mini Trust shares.

To compete in the market, some issuers will temporarily waive or reduce fees. 🚀