Crypto
Bitcoin ETF Inflows Surge to $233M Led by BlackRock's IBIT
U.S. spot Bitcoin ETFs attracted $233.1 million in net inflows on July 30, marking their strongest daily result since July 6.
The influx was led by BlackRock's iShares Bitcoin Trust (IBIT), which added $183.4 million to its assets. This amount represents 78.7% of the total daily inflow and brings IBIT's assets under management to nearly $48 billion.
July flows have reached $438 million through Thursday, positioning the funds to reverse two consecutive months of outflows. However, it remains uncertain whether this trend will continue, as a single session does not establish a lasting reversal.