US Bitcoin ETFs Pull in $1 Billion Over 7 Days, But Recover Only 15% of June's Losses

BTC-1.15%
According to IBTimes US, US spot Bitcoin ETFs recorded their best seven-day stretch in 11 weeks through July 22, posting nearly $1 billion in combined inflows. BlackRock's IBIT led with $319.16 million of the $499.05 million added this week alone. However, yesterday's session reversed sharply with roughly $225 million in outflows, snapping the rally streak. The entire seven-day recovery recouped just 15% of June's $4.7 billion exodus, the largest monthly outflow since Bitcoin ETF products launched. Bitcoin ETFs remain down $4.76 billion in net outflows year-to-date.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments