$654M Worth of BTC Bought by Spot Bitcoin ETFs

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Investors have piled into Bitcoin ETFs since July 5, but it wasn’t enough to offset Germany’s BTC selling spree.

Bitcoin investors have sent over $650 million into United States-listed spot Bitcoin exchange-traded funds (ETFs) over the last three trading days since July 5.

It comes after another strong day of net inflows for the 11 spot Bitcoin ETFs on July 9. BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust, pulled in $121 million in inflows, followed by Fidelity’s Wise Origin Bitcoin Fund, which raked in $91 million.

Total net inflows across all US-based spot Bitcoin ETFs for July 9 came to $216.4 million, or 3,760 Bitcoin, according to data from Farside Investors.


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