BlackRock’s Spot Bitcoin ETF Becomes Firm’s Most Profitable Fund

Bitcoin spot ETFs recorded a significant net inflow of $799 million on July 16, with BlackRock's IBIT leading the market, reflecting strong institutional interest in digital assets.

BTC

Summary

On July 16, Bitcoin spot ETFs saw a net inflow of $799 million, with BlackRock's IBIT leading at $764 million. The total net asset value of these ETFs has reached $153.76 billion, representing 6.45% of Bitcoin's market cap.

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