Bitcoin ETFs See Strongest Daily Inflow Since Late July

U.S. spot Bitcoin ETFs saw their strongest daily inflow in over three weeks on July 30, attracting $233.1 million in net inflows. BlackRock's iShares Bitcoin Trust led the session with a $183.4 million influx.

This surge returned the funds to positive territory for both the week and July. However, it represents renewed buying rather than a lasting reversal of the trend.

BlackRock's IBIT controlled most of the rebound, accounting for 78.7% of the daily total. The fund's net asset value rose 1.26% on July 30 to $36.68, while its Bitcoin benchmark stood at $64,764.70.

Ethereum ETFs also returned to positive daily flows, adding a smaller $13M inflow led by BlackRock's ETHA with $16.24 million in net inflows.