Bitcoin Spot ETFs Record Third Consecutive Week of Net Inflows

Bitcoin spot ETFs experienced a third consecutive week of net inflows, according to SoSoValue data. During July 20-24, these funds saw a total net inflow of $33.79 million, with some notable exceptions.

The Grayscale Bitcoin Mini Trust BTC was the largest recipient of new investments last week, with a weekly net inflow of $85.78 million. This brings its total historical net inflow to $2.65 billion.

Ark & 21 Shares ETF ARKB followed closely behind, with a weekly net inflow of $78.73 million and a total historical net inflow of $1.33 billion.

The largest outflow was seen in BlackRock's IBIT ETF, which had a weekly net outflow of $95.9 million, despite having a total historical net inflow of $60.39 billion.