Bitcoin Spot ETF, 5 Consecutive Days Of Capital Inflow…2,944 Billion Won Gathered In A Day

Institutional funds are flowing into the U.S. Bitcoin (BTC) spot ETF market daily. According to Trader T, on July 9th (local time), a total of 214.5 million dollars, approximately 294.4 billion won, was net inflow to BTC spot ETF in one day. This led to a five-business-day streak of net inflows.

The place with the most funds flowing in was BlackRock's IBIT, with 124.38 million dollars in single product inflow. Followed by ARK Invest's ARKB with 56.96 million dollars, Invesco's BTCO with 9.48 million dollars, Fidelity's FBTC with 4.84 million dollars, and Bitwise's BITB with 3.01 million dollars each being net inflowed. There were no ETFs recorded with net outflows.

The recent continuous inflow trend shows that institutional investors' confidence in Bitcoin is strengthening again. As indirect investment through ETFs is becoming a more important means in asset holders' portfolios, expectations for a future Bitcoin price rebound are also growing.