Investor appetite for spot Bitcoin ETFs continues to surge, with Friday marking the twelfth straight day of net inflows.
The latest data from Farside Investors shows a collective $363 million added, pushing total inflows over the streak to a staggering $6.62 billion.
BlackRock’s iShares Bitcoin Trust (IBIT) led the charge with a massive $496.75 million in new capital, further cementing its dominance in the space with $86.5 billion in assets under management.
Meanwhile, Grayscale’s GBTC recorded the day’s largest outflow at $81.29 million, followed by $33.61 million from ARK’s Bitcoin ETF (ARKB). Fidelity’s FBTC also posted a modest $17.94 million outflow.
Despite the divergence in fund flows, trading activity remained robust, with $4.62 billion worth of Bitcoin ETF shares changing hands on the day. The combined net assets across all spot Bitcoin ETFs now total $152.4 billion, representing 6.5% of Bitcoin’s overall market cap.
The momentum shows no sign of slowing. July 10 and 11 each saw over $1 billion in daily inflows—the first back-to-back days to reach that milestone. With institutional interest still strong, the ETF sector’s role in Bitcoin’s market dynamics continues to grow.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/spot-bitcoin-etfs-extend-inflow-streak-adding-363m-in-one-day/