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Bitcoin ETFs see almost $1 billion in inflows since Friday ahead of Ethereum ETF launches Bitcoin ETFs see almost $1 billion in inflows since Friday ahead of Ethereum ETF launches

Bitcoin ETFs see almost $1 billion in inflows since Friday ahead of Ethereum ETF launches

BlackRock's IBIT attracts $526.7 million in a single day amid Bitcoin ETF surge

According to Farside data, Bitcoin ETFs experienced a notable surge in inflows on July 19, with a total net inflow of $427.2 million. Leading this inflow was BlackRock’s iShares Bitcoin Trust (IBIT), which recorded an impressive $116.2 million, marking a significant addition to its holdings. Fidelity’s Wise Origin Bitcoin Trust (FBTC) also saw substantial inflows, with $141 million added, reflecting strong investor interest and confidence.

DateETFInflow ($M)
July 19iShares Bitcoin Trust (IBIT)116.2
July 19Fidelity Wise Origin Bitcoin Trust (FBTC)141.0
July 19Bitwise Bitcoin ETF (BITB)44.6
July 19Ark Invest Bitcoin ETF (ARKB)43.6
July 19Grayscale Bitcoin Trust (GBTC)20.3
July 22iShares Bitcoin Trust (IBIT)526.7
July 22Fidelity Wise Origin Bitcoin Trust (FBTC)23.7

Farside data further indicates that Bitwise’s Bitcoin ETF (BITB) had an inflow of $44.6 million, while Ark Invest’s Bitcoin ETF (ARKB) reported an inflow of $43.6 million. Despite facing outflows, Grayscale’s Bitcoin Trust (GBTC) showed a $20.3 million inflow on this date. These figures highlight a robust overall trend in Bitcoin ETF investments, with total net inflows reaching substantial levels.

The momentum continued on July 22, with Bitcoin ETF inflows peaking at $533.6 million. BlackRock’s IBIT dominated again with $526.7 million, and Grayscale saw zero flows. This strong performance suggests a resurgence in appetite for Bitcoin ETFs, signaling positive sentiment and potential for further digital asset market growth ahead of the anticipated Ethereum ETF launch today.

The total inflow for spot Bitcoin ETFs in 2024 has now hit $17.585 billion.