According to SoSoValue data, after six days of net inflows that began on July 5, U.S.-based spot Bitcoin exchange-traded funds (ETFs) have set a new record for cumulative net inflows, totaling $15.81 billion.
The fund has added more than $1 billion in assets under management since the start of its six-day rally. The most recent trading day, Friday, was also the day with the largest net inflows since June 5, with the spot Bitcoin ETF seeing $310 million in net inflows.
Inflows were led primarily by BlackRock’s IBIT, the largest spot Bitcoin ETF by asset value, which added $120 million on Friday. Fidelity’s FBTC followed with $115 million, according to SoSoValue, with most of the rest going to Grayscale’s GBTC, Bitwise’s BITB, and Ark Invest’s ARKB fund.
The cumulative net inflow of $15.81 billion is the highest ever recorded for the fund, barely surpassing the previous record of $15.69 billion recorded on June 7, 2024.
However, according to The Block’s Bitcoin price page, the price of Bitcoin has fallen by about 17.5% from around $71,500 that day to around $58,900 at the time of publication. The total volume traded on July 12, at $1.15 billion, was lower than the June 7 volume, when more than $2.5 billion was traded.
Although the current net asset value of exchange-traded funds (ETFs) is below its all-time high, net inflows are currently at an all-time high, and if the Bitcoin price recovers, this record could be broken as well.
Meanwhile, the cryptocurrency industry is eagerly awaiting more news from the scene. Ethereum 
Ethereum
+0.56%
ETF Front. Industry experts say that after several exchanges with the SEC, the funds Preparing for release this month.
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