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📅 July 3, 7:00 – July 9,
#btc# Institutional interest in Bitcoin continues to grow, as American spot BTC ETFs recorded their twelfth consecutive day of positive net inflows on Wednesday, attracting nearly $548 million and increasing the total bi-weekly revenue to $3.9 billion.
IBIT from BlackRock remains a dominant player, attracting a huge sum of $340.3 million in a single day. FBTC from Fidelity follows with $115.2 million, while smaller contributions come from Ark Invest and ARKB from 21Shares ($70.2 million), BITB from Bitwise ($12.9 million), and HODL from VanEck ($9.1 million). During the same period, no inflows were recorded from other funds.
Only IBIT recorded over $3.3 billion – about 86% of total revenues for this 12-day period, solidifying its leadership position in the Bitcoin ETFs space. Notably, daily revenues accelerated, averaging over $500 million both on Tuesday and Wednesday, which is nearly double the average for the previous 10 days of $276 million, despite fluctuations in global markets amid rising geopolitical tensions.
"The momentum is crazy," commented Nate Geraci, president of The ETF Store, on X. "Twelve days in a row. Nearly $4 billion in new funds. The category is already approaching $50 billion in inflows since its launch in January. Absolute madness."
Since their debut in early 2024, American spot BTC ETFs have accumulated $48.4 billion in net inflows and now manage nearly $125 billion in assets – figures supported not only by investor enthusiasm but also by the recent price gains of Bitcoin.