Bitwise’s BITB had the third-highest inflow at $44.6 million. VanEck’s HODL closely followed, contributing $41.8 million to the day’s total. Grayscale’s GBTC, after a run of consecutive negative flows, brought in $20.3 million and maintained its market presence with $18.29 billion in net assets. Meanwhile, ARK’s AKB posted no action.
Franklin Templeton’s EZBC and WisdomTree’s BTCW closed out the day’s trading with $3.9 million and $1.8 million in inflows, respectively. Data from Farside Investors and SoSoValue highlighted the influx, especially the $422.5 million in inflows by July 16. The surge in spot BTC ETF uptake was mirrored by Bitcoin’s improving performance, with a 5% uptick in the last 24 hours and a 14.4% increase over the week. At the time of writing, Bitcoin was trading at $66,541, giving it a market capitalization of $1.3 trillion.
