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.