US Bitcoin ETFs see record $17B in net inflows

US Bitcoin ETFs see record $17B in net inflows

US Bitcoin spot ETFs have set a new record with over $17 billion in inflows, primarily driven by BlackRock's IBIT and Fidelity's FBTC. On July 17, 11 US spot Bitcoin ETFs recorded a total daily net inflow of $53.35 million, marking the ninth consecutive day of positive inflows. The total trade volume for US spot Bitcoin funds was $1.79 billion, a drop from March's peak.

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