Thursday’s $233.1 million inflows mark the strongest daily gain in over three weeks, reversing weekly outflows for US spot Bitcoin ETFs.
US spot Bitcoin exchange-traded funds saw $233.1 million in net inflows on Thursday, the largest single-day gain in more than three weeks. BlackRock’s iShares Bitcoin Trust (IBIT) drove the surge with $183.4 million, representing nearly 79% of the total. Bitwise’s BITB and Fidelity’s FBTC added $20.7 million and $15.5 million, respectively, while smaller funds contributed the remainder.
The inflows flipped the weekly total to $203.84 million in the green, offsetting earlier losses. July remains on track to close with $437.8 million in net inflows, ending a two-month streak of multibillion-dollar outflows. Bitcoin traded at $64,338, down 1.8% over the past week.
Spot Ether ETFs also posted $13.3 million in net inflows on Thursday, continuing a stronger July performance after limited gains in June. Ether was priced at $1,905 at the time of reporting.