BTC Spot ETF, 8 consecutive trading days of net inflow…4.12 billion Won funds inflow in one day

The 뉴스 · 25/07/15 23:45:08 · mu/뉴스

On July 14 (local time), a total of 297.47 million dollars (approximately 412 billion won) was net influxed into the US Bitcoin spot ETF market. This continued the trend of net inflow for 8 consecutive trading days, confirming the continuous inflow of institutional funds.

According to Trader T, Blackrock's IBIT saw a record of a remarkable fund inflow of 394.78 million dollars in just one day, and Bitwise's BITB (71.7 million dollars), VanEck's HODL (84.7 million dollars), and Grayscale's BTC (127.5 million dollars) ETF also showed net inflow trends.

On the other hand, 26.13 million dollars were withdrawn from Fidelity's FBTC and 99.57 million dollars from Ark Invest's ARKB, showing some adjustment trends.

The recent continuous net inflow is interpreted as an indicator that institutional investment in Bitcoin is being strengthened. Particularly, the concentrated inflow in Blackrock ETF is evaluated as reaffirming the market leadership of large asset management companies.

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