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Bitcoin exchange-traded funds (ETFs) locked in another green day with $80 million in net inflows, as Blackrock’s IBIT continued to dominate. Ether ETFs also maintained their upward trend, pulling in $46.63 million and pushing net assets just over $11 billion.
Bitcoin ETFs Extend Green Streak As Ether ETFs Hit $11 Billion in Net Assets
Investor appetite for digital asset ETFs stayed firm as markets moved into Tuesday, July 8, with both bitcoin and ether ETFs reporting healthy inflows and zero outflows.
Bitcoin ETFs notched an $80.08 million net inflow, marking another day of consistent institutional demand. Blackrock’s IBIT was the standout, securing $66.81 million, followed by Grayscale’s Bitcoin Mini Trust with $4.82 million, Fidelity’s FBTC with $4.75 million, and Valkyrie’s BRRR bringing in $3.69 million.
No outflows were recorded, underscoring broad bullish sentiment. Trading activity held steady at $2.28 billion, while net assets climbed to $136.75 billion.
Ether ETFs also continued their positive streak, banking $46.63 million in net inflows. Blackrock’s ETHA remained the top draw, adding $25.29 million, followed by Grayscale’s Ether Mini Trust and ETHE, with $9.35 million and $7.78 million, respectively.
Bitwise’s ETHW closed out the day with $4.87 million in inflows. A small redemption of $652.37k happened on Fidelity’s FETH, but it had little effect on the good inflows. Total value traded came in at $652.46 million, and net assets pushed past a key milestone to settle at $11.03 billion.
The persistence of daily inflows, even modest ones, signals robust confidence in the long-term thesis for both bitcoin and ether ETFs.
#BTCBreaksATH #BitcoinETFs #bnb
#SpotVSFuturesStrategy
Bitcoin ETFs Extend Green Streak As Ether ETFs Hit $11 Billion in Net Assets
Investor appetite for digital asset ETFs stayed firm as markets moved into Tuesday, July 8, with both bitcoin and ether ETFs reporting healthy inflows and zero outflows.
Bitcoin ETFs notched an $80.08 million net inflow, marking another day of consistent institutional demand. Blackrock’s IBIT was the standout, securing $66.81 million, followed by Grayscale’s Bitcoin Mini Trust with $4.82 million, Fidelity’s FBTC with $4.75 million, and Valkyrie’s BRRR bringing in $3.69 million.
No outflows were recorded, underscoring broad bullish sentiment. Trading activity held steady at $2.28 billion, while net assets climbed to $136.75 billion.
Ether ETFs also continued their positive streak, banking $46.63 million in net inflows. Blackrock’s ETHA remained the top draw, adding $25.29 million, followed by Grayscale’s Ether Mini Trust and ETHE, with $9.35 million and $7.78 million, respectively.
Bitwise’s ETHW closed out the day with $4.87 million in inflows. A small redemption of $652.37k happened on Fidelity’s FETH, but it had little effect on the good inflows. Total value traded came in at $652.46 million, and net assets pushed past a key milestone to settle at $11.03 billion.
The persistence of daily inflows, even modest ones, signals robust confidence in the long-term thesis for both bitcoin and ether ETFs.
#BTCBreaksATH #BitcoinETFs #bnb
#SpotVSFuturesStrategy
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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