Bitcoin Spot ETF Inflows Surpass $300 Million for Second Consecutive Day

On July 15, inflows into spot Bitcoin ETFs reached $301.4 million, marking a positive trend for the seventh consecutive day, according to SoSoValue.

During this period, investors poured $1.49 billion into these instruments.

On July 15, the leaders in dynamics were:

• IBIT by BlackRock ($117.25 million);
• ARKB by ARK Invest ($117.19 million);
• FBTC by Fidelity ($36.15 million);
• BITB by Bitwise ($15.24 million).

For other instruments, either no change was recorded, or inflows did not exceed $7.93 million.

Cumulative inflows since the approval of BTC-ETFs in January have reached $16.11 billion.

Earlier, during the week of July 6 to 12, inflows into cryptocurrency investment products surged from $441 million to $1.44 billion, marking the fifth-largest value in history, according to CoinShares.

Previously, BlackRock CEO Larry Fink affirmed the legitimacy of Bitcoin as a financial instrument, suggesting that the asset is suitable for investment during times of heightened fear.