Bitwise’s BITB received a significant inflow of $8 million yesterday, according toosoValue data. This influx was followed closely by Fidelity’s FBTC, which recorded net inflows of approximately $ million. Franklin Templeton’s spot bitcoin ETF also experienced considerable growth, with net infl amounting to $3.6 million, marking its highest level since mid-May.
However, BlackRock’s IBIT reported zero for the fifth consecutive day despite trading worth $520 million on Thursday. The remaining funds VanEck, Valkyrie, WisdomTree, and Hashdex also reported zero day flows Although the daily trading volume for these eleven bitcoin funds reached close to $920 million, it has significantly decreased from its peak of almost $10 billion in March. Since their in January, these ETFs have attracted a net inflow of $14.45.
In other news today:
– The South American country Bolivia has lifted its four-year ban Bitcoin.
Bitcoin’s market price has shown some improvement but is still struggling to break over the $62000 barrier. It experienced a 0.84% increase over the last 24 and is currently hovering around $61,606 according to CMC data.