The ARK 21Shares Bitcoin ETF (ARKB) experienced net outflows totaling 1,364, amounting to approximately $96.84 million, which decreased its total holdings to 48,939 BTC, or $3.47 billion. Conversely, Lookonchain reported that on June 7, nine different ETFs saw a notable increase of 3,689 BTC, equivalent to $261.91 million, reflecting strong investor confidence, particularly in BlackRock\u2019s and Fidelity\u2019s products.<\/p>\n
This influx overshadowed the outflow from ARK 21Shares. The Valkyrie Bitcoin Fund (BRRR) remained neutral on July 7, while the Franklin Bitcoin ETF (EZBC) recorded zero net flows.<\/p>\n
Over the course of seven days, BlackRock’s Bitcoin ETF saw the best performance, with a net inflow of 13,482 BTC. Fidelity’s Wise Origin Bitcoin Fund ranked second, managing to pull in 9,729 BTC with a market value of more than $671 million.<\/p>\n
In third place was ARKB, which, despite the decrease on the previous day, still saw a seven-day net inflow of 1,764 BTC worth an estimated $121 million. Other ETFs, including the VanEck Bitcoin Trust ETF (HODL) and Valkyrie Bitcoin Fund, contributed smaller amounts, with weekly net inflows of $7.7 million and $1.5 million, respectively.<\/p>\n
BlackRock remains the largest BTC ETF with over $21 billion worth of Bitcoins. In the past 24 hours, BTC experienced a minor decline of 0.9%, trading at $69,465, with a market cap of $1.36 trillion and a market dominance of roughly 51.1%.<\/p>\n","protected":false},"excerpt":{"rendered":"
The ARK 21Shares Bitcoin ETF (ARKB) experienced net outflows totaling 1,364, amounting to approximately $96.84 million, which decreased its total holdings to 48,939 BTC, or […]<\/p>\n","protected":false},"author":1,"featured_media":1937,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[588],"tags":[],"class_list":["post-1938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-exchange-traded-funds-etfs-2"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=1938"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/1937"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=1938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=1938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=1938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}