Bitcoin spot exchange-traded funds posted a combined net inflow of $79.15 million on July 16, according to SoSoValue, marking the third straight day of net inflows. BlackRock’s IBIT led the daily tally with $33.4438 million in net inflows, while Fidelity’s FBTC followed with $30.7255 million. SoSoValue data also showed that IBIT’s historical cumulative net inflow had reached $60.353 billion, and FBTC’s stood at $9.974 billion. As of press time, the total net asset value of U.S. spot Bitcoin ETFs was $77.720 billion. The ETF net asset ratio, measured as the share of Bitcoin’s total market capitalization, was 6.04%, while cumulative historical net inflows across the category reached $51.220 billion.
Bitcoin spot exchange-traded funds recorded total net inflows of $79.15 million on July 16, U.S. Eastern Time, according to data from SoSoValue. The category has now logged net inflows for three consecutive days.
BlackRock’s IBIT posted the largest single-day net inflow at $33.4438 million. Its historical cumulative net inflow has reached $60.353 billion. Fidelity’s FBTC ranked second, with daily net inflows of $30.7255 million and historical cumulative net inflows of $9.974 billion.
As of press time, the total net asset value of spot Bitcoin ETFs stood at $77.720 billion. The ETF net asset ratio, which measures the segment’s share of Bitcoin’s total market capitalization, was 6.04%. Historical cumulative net inflows across spot Bitcoin ETFs reached $51.220 billion.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
