U.S. spot bitcoin ETFs attracted $227 million on July 20, marking a fifth straight day of inflows totaling $727 million.
U.S. spot bitcoin ETFs recorded $227 million in inflows on July 20, extending a five-day streak not seen since late April. The sustained buying has pulled in $727 million, the longest run since June’s record outflows.
Total bitcoin ETF assets have rebounded to $79 billion from a July low near $75 billion. Ether ETFs added $38 million, led by BlackRock’s ETHA, which contributed $34 million. Bitcoin remained near $63,000 as the ETF bid returned after a quarter dominated by outflows.
Markets now await the Fed’s July 28-29 meeting and earnings from Alphabet, Tesla, and Intel to gauge AI spending trends, which have influenced bitcoin’s recent moves.