United States-based spot Bitcoin exchange-traded funds (ETFs) have notched their biggest day of net inflows in more than a month amid a flagging crypto market. The 11 funds raked in $295 million on July 8.
This marks the first day in the last three trading weeks that net inflows across all funds had been in the black.
BlackRock’s iShares Bitcoin Trust ETF saw the most significant daily inflow at $187.2 million, followed by Fidelity’s Wise Origin Bitcoin Fund, which posted gains of $61.5 million.
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