Jul 23, 2024
SOC Team
Bitcoin ETF Net Inflow Update on July 22, 2024
Inflow
The Bitcoin Spot ETF Net Inflow on July 22, 2024, is recorded at +$486M!
Notably, below are a few key updates on the statistics of 10 Bitcoin Spot ETFs:
- The net inflow remains positive for 12 consecutive trading days.
- BlackRock's iShares Bitcoin Trust (IBIT) recorded a half-billion inflow. This ETF has not seen such a massive inflow since March 13, 2024.
- Grayscale Bitcoin Trust (GBTC) saw a net flow of $0 again after one day of inflow.
- Bitwise Bitcoin ETF (BITB) and Vaneck Bitcoin Trust (HODL) experienced outflows of $47.7M and 38.4M, respectively. These are the largest outflows since the two ETFs' inception.
- The cumulative total net inflow after 132 trading days now stands at $17.54B.
Fig 1. 30-Day Net Inflow of 10 Bitcoin ETFs.