U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $ 53.35 million. Blackrock’s IBIT garnered $ 110.37 million in inflows, whereas Grayscale’s GBTC experienced $ 53.86 million in outflows. Blackrock’s IBIT Boosts Reserves to $ 21B Amid $ 110.37M Inflows On July 17, …
US Spot Bitcoin ETFs Mark Ninth Day of Inflows, Led by Blackrock’s $89M Gain
U.S. spot bitcoin exchange-traded funds noted their ninth consecutive day of positive inflows, amassing $ 107.9 million on Thursday. Blackrock’s IBIT led the way, securing $ 89 million, while Grayscale’s bitcoin trust (GBTC) experienced $ 14 million in outflows. Gap Between IBIT and GBTC Reserves Tighten Spot bitcoin ETFs had a consistent …