BlackRock Boosts U.S. Spot Bitcoin ETFs Back into Green

U.S. Spot Bitcoin ETFs have regained positive territory after four days of net outflows, thanks in part to BlackRock's influence on the market.

The sector recorded $32.11 million in inflows on July 29, with total assets under management (AUM) now sitting at $77.46 billion and cumulative inflows reaching $51.36 billion.

BlackRock's contribution was significant, as it pushed ETFs back into the green after a brief period of net outflows.