Bitcoin ETFs end 8-week outflow streak with $197M inflows – Details
U.S. spot Bitcoin ETFs recorded net inflows of $197 million for the week of July 6-10, ending an eight-week outflow streak. BlackRock's IBIT led with $209.4 million in inflows on July 6 alone, while Grayscale's GBTC saw the largest outflows. The week was volatile, with daily flows shifting between net inflows and outflows. Bitcoin's price fluctuated between approximately $63,650 and $64,400 before settling near $62,750. Spot Ethereum ETFs mirrored the trend, posting net inflows of $84.42 million and also ending an eight-week outflow period. Other altcoin ETFs, including Solana and Hyperliquid, recorded inflows, while XRP ETFs saw net outflows.
ambcrypto07/13 09:02