NEW YORK, Thursday, July 4, 2024 – U.S.-listed spot Bitcoin exchange-traded funds (ETFs) recorded net inflows of $12 million on Thursday, June 27 extending their positive streak for a third consecutive day last week.
However, this inflow represents a slower pace compared to earlier in the week.
Data from SosoValue shows that the combined net inflow for all 11 spot Bitcoin ETFs amounted to $11.8 million.
Bitwise’s BITB led the pack with inflows exceeding $8 million, followed by Fidelity’s FBTC with close to $7 million. Other products in the category saw minimal net activity.
Reports said that the continued inflow signifies ongoing investor interest in Bitcoin through these exchange-traded funds.
However, the moderation in the pace of these inflows compared to earlier in the week suggests potential cautiousness or a wait-and-see approach from some investors.
Data of SosoValue can be seen here.
