Spot Bitcoin ETF Inflows Reach Three-Week High Amid Market Rebound

Spot Bitcoin ETFs in the United States saw a combined inflow of 2,047 BTC worth around $129.4 million on July 1, according to analysts and

The Bitwise BITB fund saw the second largest inflow for the day with $41 million, and Ark 21Shares saw a $13 million inflow for its ARKB ETF. Even though the newly launched nine spot Bitcoin ETFs got all the attention and flows in the first half of the year, they were beaten performance-wise by Grayscale’s GBTC, observed industry expert Eric Balchunas on July 1.

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