{"id":20842,"date":"2024-07-17T17:38:45","date_gmt":"2024-07-17T17:38:45","guid":{"rendered":"https:\/\/buycrypt.com\/blog\/?p=20842"},"modified":"2026-07-14T15:51:15","modified_gmt":"2026-07-14T15:51:15","slug":"bitcoin-etfs-saw-300-million-in-daily-net-inflows-no-outflows-recorded","status":"publish","type":"post","link":"https:\/\/buycrypt.com\/blog\/en\/bitcoin-etfs-saw-300-million-in-daily-net-inflows-no-outflows-recorded\/","title":{"rendered":"Bitcoin ETFs Saw $300 Million in Daily Net Inflows, No Outflows Recorded"},"content":{"rendered":"

BlackRock\u2019s IBIT led with $117.25 million in inflows on July 15, also being the most traded Bitcoin ETF.<\/strong><\/em><\/p>\n

The US spot Bitcoin ETFs recorded a daily net inflow of $301 million on July 15th. This extended their winning streak to seven consecutive days amidst a broader market recovery.<\/p>\n

None of the ETFs recorded outflows for the day.<\/p>\n

Bitcoin ETFs Rake in $16.11B in Net Inflows Since Jan<\/h2>\n

According to the data compiled by SoSoValue, BlackRock\u2019s IBIT, the top spot Bitcoin ETF by net asset value, recorded the largest net inflows of the day at $117.25 million. IBIT was also the most actively traded Bitcoin ETF on Monday, with a volume of $1.24 billion. Ark Invest and 21Shares\u2019 ARKB came in close behind with net inflows of $117.19 million.<\/p>\n

Fidelity\u2019s FBTC experienced net inflows of $36.15 million on Monday, while Bitwise\u2019s BITB saw $15.24 million in inflows. VanEck\u2019s HODL, Invesco and Galaxy Digital\u2019s BTCO, and Franklin Templeton\u2019s EZBC funds also recorded net inflows. Meanwhile, Grayscale\u2019s GBTC and other ETFs, such as Valkyrie\u2019s BRRR, WisdomTree\u2019s BTCW, and Hashdex\u2019s DEFI, registered no flows for the day.<\/p>\n

A total of $2.26 billion was traded on Monday. The trading volume for these ETFs was less than in March when it exceeded $8 billion on some days. Meanwhile, these funds have collectively attracted $16.11 billion in net inflow since their January launch.<\/p>\n

What\u2019s Next For Bitcoin?<\/h2>\n

Earlier this month, bitcoin\u2019s price decline was mainly due to fears of massive selling pressure from Mt. Gox and the German government\u2019s BTC sales.<\/p>\n

But the assassination attempt on pro-crypto former US President and presumptive Republican candidate Donald Trump at Saturday\u2019s rally seemed to spark a recovery in the world\u2019s largest digital asset, and experts are bullish on the asset\u2019s price trajectory going forward. Bitcoin surged more than 9% over the past week and was currently trading slightly below $64,000.<\/p>\n

Veteran trader Peter Brandt discussed bitcoin\u2019s price outlook, suggesting a potential major rally. He referred to a pattern he terms \u201cHump->Slump->Bump->Dump->Pump\u201d and highlighted that the July 5 double top attempt was a bear trap, confirmed by the July 13 close. He sees a likely continued upward trend but warned that a close below $56,000 would negate this bullish view.<\/p>\n

\u201cBitcoin $BTC could be unfolding its often-repeated Hump\u2026Slump\u2026Bump\u2026Dump\u2026Pump chart construction. Jul 5 attempt at the double top was a bear trap, confirmed by Jul 13 close. Most likely scenario now is that bears are trapped. Close below $56k negates this interpretation\u201d<\/em><\/p>\n

Source: www.cryptopotato.com<\/p>\n

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