- Spot Bitcoin ETFs saw $363 million in net inflows on Friday, making it twelve days in a row of gains.
- BlackRock’s iShares Bitcoin Trust (IBIT) led inflows, adding $497 million and reaching $86.5 billion in assets.
- Total net inflows into spot Bitcoin ETFs reached $6.62 billion during the recent 12-day streak.
- Spot Ether ETFs recorded $402 million in net inflows on Friday, with a cumulative total of $7.49 billion.
- Overall net assets in spot Bitcoin ETFs now represent 6.51% of Bitcoin’s market capitalization, totaling $152.4 billion.
Spot Bitcoin exchange-traded funds (ETFs) experienced a net inflow of $363 million on Friday, marking the twelfth straight day of investor gains. The steady inflows signal ongoing interest in the Bitcoin market through regulated financial products based in the United States.
BlackRock’s iShares Bitcoin Trust (IBIT) was the top performer, gaining a net $497 million, according to data from SoSoValue. With this addition, IBIT now manages a total of $86.5 billion in assets. Some ETFs had outflows, with Fidelity’s Bitcoin ETF (FBTC) seeing a $18 million loss and Grayscale’s Bitcoin Trust (GBTC) reporting an $81 million outflow, even though GBTC holds $21.45 billion in assets. Ark’s Bitcoin Strategy ETF (ARKB) recorded a net outflow of $34 million.
In the past 12 days, spot Bitcoin ETFs have seen net inflows of $6.62 billion. On July 10, these ETFs recorded their largest single-day inflow at $1.18 billion, followed by $1.03 billion on July 11—the first time two consecutive days broke the $1 billion mark. Other notable inflow days included July 16 at $799 million and July 3 at $602 million. The smallest inflow occurred on July 8 at $80 million.
The total net inflow for all time into spot Bitcoin ETFs is now $54.75 billion, as reported by SoSoValue. Net assets under management for these funds total $152.4 billion, making up 6.51% of Bitcoin’s overall market value.
Spot Ether (ETH) ETFs also saw strong demand, with $402 million in net inflows on Friday and $7.49 billion accumulated over the past two weeks. The highest daily inflow for Ether ETFs occurred on July 16, reaching $727 million, while July 17 added another $602 million.
Total ETF trading value for the day stood at approximately $4.62 billion. Some products, like Grayscale’s other Bitcoin ETF, had no net movement and stayed at $5.37 billion in assets. For further details, inflow data is visualized by SoSoValue.
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