U.S. Spot Bitcoin ETFs Post $197.4 Million Weekly Inflows, Snapping $8.26 Billion Outflow Streak
U.S. spot Bitcoin ETFs recorded $197.4 million in net inflows for the week ending July 10, marking their first positive week since early May. The inflows snapped an eight-week outflow streak that drained a total of $8.26 billion from the funds.
Spot Ether ETFs also posted gains, adding $84.4 million and ending their own eight-week slide. The combined inflow reversal follows a prolonged period of capital withdrawals from cryptocurrency exchange-traded products earlier this year.
From the sources (7 posts)
@cryptoroverBREAKING: BlackRock buys another $86,800,000 worth of Bitcoin. Net inflow this week: +$291.9 million. Bullish for Crypto!
@cryptoroverBOOM! 🚀 Bitcoin is trading above $64,000 this morning.
@cointelegraph🚨 ETFS: This has been the BTC ETFs' first green week since May.
@wublockchainU.S. Spot Bitcoin ETFs See $90.44 Million in Net Inflows; Ethereum ETFs Add $18.43 Million According to SoSoValue data, U.S. spot Bitcoin ETFs recorded total net inflows of $90.44 million on July 10, Eastern Time, while U.S. spot Ethereum
@cointelegraph🔥 UPDATE: The Total Crypto Market added $170B since July 1st.
@theblockcoTHE BLOCK: U.S. spot bitcoin ETFs took in a net $197.4 million in the week ending July 10, their first positive week since early May, snapping a record eight-week outflow streak that drained $8.26 billion. Spot ether ETFs added $84.4 milli
@cryptowithksaBitcoin ETFs are finally showing signs of life. 🟢 U.S. spot Bitcoin ETFs pulled in $197.4M in net inflows this week, snapping a streak of red weeks dating back to May.