Spot Bitcoin ETFs see $233M inflows led by BlackRock's IBIT on July 30, showing strong institutional demand.
On July 30, spot Bitcoin ETFs attracted $233.13 million in net inflows, driven mainly by BlackRock's iShares Bitcoin Trust (IBIT) with $183 million. Spot Ethereum ETFs also saw positive inflows of $13.29 million, led by BlackRock's ETHA. Despite Bitcoin trading below recent highs, institutional investors continue to favor regulated ETF products for exposure to cryptocurrencies. The total assets in U.S. spot Bitcoin ETFs now stand near $78.76 billion, indicating sustained long-term institutional interest amid market volatility.
On July 30, spot Bitcoin ETFs attracted $233.13 million in net inflows, driven mainly by BlackRock's iShares Bitcoin Trust (IBIT) with $183 million. Spot Ethereum ETFs also saw positive inflows of $13.29 million, led by BlackRock's ETHA. Despite Bitcoin trading below recent highs, institutional investors continue to favor regulated ETF products for exposure to cryptocurrencies. The total assets in U.S. spot Bitcoin ETFs now stand near $78.76 billion, indicating sustained long-term institutional interest amid market volatility.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
