Bitcoin spot exchange-traded funds recorded total net inflows of $227 million on July 20, Eastern Time, according to data from SoSoValue. BlackRock’s IBIT led the day with $116 million in net inflows, bringing its cumulative historical net inflows to $60.606 billion. ARK Invest and 21Shares’ ARKB followed with $72.7422 million in daily net inflows and $1.322 billion in cumulative net inflows. On the outflow side, Grayscale’s GBTC saw the largest single-day net outflow at $45.4001 million, with cumulative historical net outflows reaching $27.377 billion. As of press time, total net assets across Bitcoin spot ETFs stood at $79.163 billion. The ETF net asset ratio, measured as a share of Bitcoin’s total market capitalization, was 6.04%, while cumulative historical net inflows for the category reached $51.579 billion.
Bitcoin spot ETFs recorded total net inflows of $227 million on July 20, Eastern Time, according to SoSoValue data.
BlackRock’s IBIT posted the largest net inflow of the day at $116 million. Its cumulative historical net inflows have now reached $60.606 billion.
ARK Invest and 21Shares’ ARKB ranked second, with $72.7422 million in daily net inflows. Its cumulative historical net inflows stand at $1.322 billion.
Grayscale’s GBTC logged the largest net outflow among Bitcoin spot ETFs that day, with $45.4001 million leaving the fund. Its cumulative historical net outflows have reached $27.377 billion.
As of press time, total net assets across Bitcoin spot ETFs were $79.163 billion. The ETF net asset ratio, which measures ETF market value as a share of Bitcoin’s total market capitalization, stood at 6.04%. Cumulative historical net inflows for Bitcoin spot ETFs reached $51.579 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.