Bitcoin spot ETF, 12-day consecutive inflow…Funds concentrated in BlackRock ‘IBIT’

In the U.S. Bitcoin Spot ETF Market, Funds Have Been Flowing In For 12 Consecutive Trading Days, And Strong Investment Sentiment Is Continuing. According To Trader T, About 363.57 Million Dollars (About 506.6 Billion Won) Were Net Inflows In One Day On July 18th (Local Time).

The Inflow On That Day Was Concentrated In Blackrock's IBIT. IBIT Alone Attracted 496.88 Million Dollars, And Wisdomtree's BTCW Also Had A Net Inflow Of 3.11 Million Dollars. On The Other Hand, Some Existing ETFs Also Detected Withdrawals. Grayscale's GBTC Had A Net Outflow Of 81.29 Million Dollars, And Ark Invest's ARKB Had 33.61 Million Dollars Net Outflow. Fidelity's FBTC (17.94 Million Dollars), Bitwise's BITB (1.92 Million Dollars), And VanEck's HODL (1.66 Million Dollars) Also Recorded Small Outflows.

Overall, While The Strong Buying Trend Centered On Blackrock Is Leading The ETF Market, The Trend Continues Where Investors' Funds Are Moving To Products That Are Relatively Favorable In Terms Of Fees And Structure. This Is Interpreted As A Signal That There Is Persistent Demand For Bitcoin Spot ETFs And Continued Interest From Institutional Investors.