๐ Bitcoin Spot ETFs saw a massive $2.39B net inflow last week, pushing ETF AUM to $152.4B โ now 6.51% of BTCโs total market cap!
๐ July 14โ18 Highlights:
โ BlackRock's IBIT: $2.57B net inflow โ 2nd largest weekly inflow in history!
โก๏ธ IBIT total net inflows: $56.97B
โ Grayscaleโs BTC (Mini Trust): +$41.86M (Total: $1.64B)
โ Largest outflows:
GBTC: -$123M (Total outflows: $23.51B)
ARKB: -$120M (Total net inflows: $2.92B)
๐ As of now:
ETF AUM: $152.4B
Share of BTC market cap: 6.51%
Cumulative ETF inflows: $54.75B
๐ก Spot ETFs are proving to be the core fuel of this BTC rally โ institutional demand remains fierce.