Bitcoin ETFs See $602 Million Surge as Inflow Momentum Builds
Emmanuel Musa
Market Updates
Bitcoin exchange-traded funds (ETFs) continued their red-hot streak with a $602 million inflow, led by heavy activity in Fidelity’s and Blackrock’s funds. Ether ETFs also bounced back with $148.57 million in net inflows, riding high on renewed investor confidence.
Bitcoin and Ether Funds Rack Up $750 Million in Inflows on Strong Institutional Demand
Momentum doesn’t sleep, even ahead of a holiday weekend. U.S. spot bitcoin ETFs piled on another $601.94 million in net inflows on Thursday, July 3, marking yet another day of assertive institutional appetite for digital assets.
Fidelity’s FBTC took the spotlight with a massive $237.13 million inflow, while Blackrock’s IBIT was close behind, attracting $224.53 million. Ark 21Shares’ ARKB held its own with $114.25 million, showing that the buying was broadly spread.
Supporting inflows came from Bitwise’s BITB ($15.53 million), Grayscale’s Bitcoin Mini Trust ($5.84 million), and Vaneck’s HODL ($4.66 million). Total value traded stood at $2.51 billion, and net assets climbed to $137.60 billion, reinforcing the strength of the trend.
Bitcoin ETFs See $602 Million Surge As Inflow Momentum Builds
Source: Sosovalue
Ether ETFs weren’t left behind either. A solid $148.57 million flowed into the group. Blackrock’s ETHA saw the largest haul with $85.38 million, followed by Fidelity’s FETH with $64.65 million.
Grayscale’s Ether Mini Trust added another $3.90 million. While Grayscale’s ETHE posted a modest $5.35 million outflow, it wasn’t enough to dent the overall bullish tilt. Total ether ETF value traded hit $481.44 million, and net assets closed at $10.83 billion.
As inflows deepen and trading volume holds strong, both bitcoin and ether ETFs appear to be ending the week on a celebratory note, one investors will be watching closely post-holiday.
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