Bitcoin ETFs surpass $1 billion in inflows over last 3 trading days
Spot Bitcoin ETFs in the US have recorded substantial inflows over the past three trading days, amassing over $1 billion, with significant contributions to BlackRock’s IBIT ETF. Data from Farside Investors shows that, on July 12, 15, and 16, 2024, the total inflows amounted to $1.032 billion with zero outflows across the board.
Date | IBIT | FBTC | BITB | ARKB | BTCO | EZBC | BRRR | HODL | BTCW | GBTC | DEFI | Total ($m) |
---|---|---|---|---|---|---|---|---|---|---|---|---|
July 12, 2024 | 120.0 | 115.1 | 28.4 | 13.0 | 4.0 | 0.0 | 0.0 | 6.6 | 0.0 | 23.0 | 0.0 | 310.1 |
July 15, 2024 | 117.2 | 36.1 | 15.2 | 117.2 | 7.9 | 3.7 | 0.0 | 3.6 | 0.0 | 0.0 | 0.0 | 300.9 |
July 16, 2024 | 260.2 | 61.1 | 17.3 | 29.8 | 20.5 | 9.4 | 2.2 | 22.0 | 0.0 | 0.0 | 0.0 | 422.5 |
On July 12, the total inflow was $339.1 million, led by BlackRock’s IBIT ETF with $120 million, Fidelity Wise Origin Bitcoin Fund (FBTC) with $115.1 million, and Bitwise Bitcoin ETF (BITB) with $28.4 million. Other ETFs such as ARK 21Shares Bitcoin ETF (ARKB), Invesco Galaxy Bitcoin ETF (BTCO), Franklin Bitcoin ETF (EZBC), CoinShares Valkyrie Bitcoin Fund (BRRR), HODL, and BTCW also contributed positively.
On July 15, the total inflow was $300.9 million. BlackRock’s IBIT and Ark’s ARKB shared the top spot with $117.2 million each, followed by FBTC with $36.1 million. Other ETFs such as BITB, BTCO, EZBC, BRRR, and HODL added to the total with positive inflows.
On July 16, inflows surged to $422.5 million, with BlackRock’s IBIT again leading at $260.2 million. ARKB saw $29.8 million, FBTC $61.1 million, and HODL $22 million. Smaller inflows were noted in Bitwise Bitcoin ETF (BITB), Invesco Galaxy Bitcoin ETF (BTCO), Franklin Bitcoin ETF (EZBC), and CoinShares Valkyrie Bitcoin Fund (BRRR).
This period reflects heightened investor interest and confidence in Bitcoin ETFs, with BlackRock’s IBIT, ARK 21Shares, and Fidelity consistently receiving significant inflows.