On July 1st, the U.S. spot Bitcoin ETF pulled a whopping $130 million. That’s an enormous change! This is the biggest influx we’ve seen in weeks and could hint at an investor perspective shift.
This surge marks the largest influx in weeks and might signal the start of changes in investor sentiment.
Also Read: Bitcoin (BTC): Analysts Predict ‘Bullish July’ After 7% Fall in June
Crypto ETFs Rake in $130M: What’s Driving This Investment Wave?
Current ETF Inflow Trends
Source: CoinGecko
Let’s break down these amazing ETF inflows to better understand how impressive this shift is. Fidelity’s FBTC has the highest inflow, with $65 million.
At the same time, Bitwise’s BITB was also close to this value. It had an impressive $41 million. Furthermore, Ark Invest and 21Shares’ ARKB saw $13 million in net inflows.
If you’re asking the question ‘’But, what about the other…
