Bitcoin ETFs see inflows for 5th day, marking strongest buying streak since April
U.S. spot Bitcoin ETFs recorded net inflows for the fifth consecutive day on July 20, totaling about $227 million and marking the longest buying streak since late April. Ether ETFs also gained around $38 million, led by BlackRock's ETHA. This five-day surge brought in roughly $727 million, reversing the heavy outflows seen in June and pushing total Bitcoin ETF assets back up to about $79 billion from a July low near $75 billion. The market is now watching how these gains hold ahead of the Federal Reserve meeting on July 28-29 and key Big Tech earnings reports, which could influence Bitcoin's price movements tied to AI sector trends.
U.S. spot Bitcoin ETFs recorded net inflows for the fifth consecutive day on July 20, totaling about $227 million and marking the longest buying streak since late April. Ether ETFs also gained around $38 million, led by BlackRock's ETHA. This five-day surge brought in roughly $727 million, reversing the heavy outflows seen in June and pushing total Bitcoin ETF assets back up to about $79 billion from a July low near $75 billion. The market is now watching how these gains hold ahead of the Federal Reserve meeting on July 28-29 and key Big Tech earnings reports, which could influence Bitcoin's price movements tied to AI sector trends.
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