Spot Bitcoin ETFs Receive Nearly $147 Million

On July 10, 2024, the US spot Bitcoin ETF sector saw $147.37 million in capital inflows, according to SoSo Value.

It should be noted that the positive trend in the US Bitcoin funds sector has continued for the fourth trading day in a row. During this period, $801.7 million has been received in the ETF.

Capital inflows/outflows in the US spot bitcoin ETF sector. Source: SoSoValue.

According to SoSo Value, eight crypto funds received inflows on July 10. Filelity’s FBTC took first place, adding $57.79 million to its balance sheet.

Second place goes to EZBC from Franklin Templeton – $31.66 million. Third place goes to the investment product of BlackRock – $22.24 million. Next in terms of capital inflow are:

  • BTCO – $9.47 million;
  • ARKB — $5.74 million;
  • BITB – $4.7 million;
  • HODL — $3.25 million

The convertible fund from Grayscale (GBTC) recorded an outflow of $8.15 million.

Two more funds saw neither inflows nor outflows. A similar trend is seen in the Ethereum ETF sector in Hong Kong. Spot Bitcoin funds received 22.39 BTC on July 11.

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Source: Cryptocurrency

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