US spot Bitcoin ETFs attract $132M inflows, led by BlackRock's IBIT, marking 4th day of gains.
US spot Bitcoin ETFs saw $132.3 million in net inflows on July 17, continuing a four-day streak of gains driven mainly by BlackRock's IBIT fund, which alone attracted $136.48 million. This inflow surge highlights strong institutional demand focused on the most liquid and well-executed products. Total assets in these ETFs reached $77.736 billion, about 6.04% of Bitcoin's market cap, reinforcing their role as a key regulated access point for US investors. If inflows persist, these ETFs could increasingly influence Bitcoin spot market dynamics.
US spot Bitcoin ETFs saw $132.3 million in net inflows on July 17, continuing a four-day streak of gains driven mainly by BlackRock's IBIT fund, which alone attracted $136.48 million. This inflow surge highlights strong institutional demand focused on the most liquid and well-executed products. Total assets in these ETFs reached $77.736 billion, about 6.04% of Bitcoin's market cap, reinforcing their role as a key regulated access point for US investors. If inflows persist, these ETFs could increasingly influence Bitcoin spot market dynamics.
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