Bitcoin ETFs post $233M inflows, pushing week back into the green

BlackRock’s IBIT led $233.1 million in daily inflows as US spot Bitcoin ETFs turned positive for the week and July stayed on track to end in the green.

US spot Bitcoin exchange-traded funds (ETFs) posted their strongest daily inflows in more than three weeks on Thursday, attracting $233.1 million.

BlackRock’s iShares Bitcoin Trust (IBIT) led the gains with $183.4 million in net inflows, accounting for 78.7% of the day’s total, according to SoSoValue data. Bitwise’s BITB attracted $20.7 million, followed by Fidelity’s FBTC with $15.5 million, while several other funds posted smaller inflows.

That flips Bitcoin ETFs into positive territory for the week, leaving them with $203.84 million in net inflows. Barring a net outflow above that value on Friday, the funds could close their fourth straight week in the green.

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