U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) swung back to net inflows on Thursday, signaling a quick stabilization in ‘institutional demand’ after two consecutive trading sessions of withdrawals.
According to SoSoValue data compiled for July 10 (U.S. time), the U.S. spot Bitcoin ETF market posted $90.44 million in net daily inflows, reversing the prior two-day outflow streak. Cumulative net inflows across the category stood at $51.28 billion, underscoring the scale of capital that has continued to funnel into regulated Bitcoin exposure since the products launched earlier this… Read more
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