Bitcoin ETFs Conclude July with Positive Inflows Despite Year-to-Date Net Negative
Bitcoin ETFs Conclude July with Positive Inflows Despite Year-to-Date Net Negative
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Spot Bitcoin Exchange-Traded Funds (ETFs) experienced a positive turn in July, attracting $172.4 million in inflows. This marked a green end to the month, overcoming late-month selling pressure. However, despite this monthly gain, the ETFs remain significantly down year-to-date, with a net negative of $5.3 billion following substantial withdrawals in May and June.
Spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year to date after heavy withdrawals in May and June.