Bitcoin spot ETFs draw $227 million on July 20, extending inflow streak to five days
AI Market Summary
Bitcoin spot ETFs posted a $227m net inflow on July 20, extending inflows to five straight sessions and signaling sustained institutional demand. BlackRock's IBIT led with $116m, while Grayscale's GBTC saw a large $454m outflow, implying ongoing rotation into lower-fee products rather than broad risk-off. Total ETF NAV at $79.163bn (6.04% of BTC market cap) underscores ETFs' growing market influence.
Impact level
● High
Affected assets
BTC/USDT+1.72%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Bitcoin spot ETFs posted a combined net inflow of $227 million on July 20 (U.S. Eastern Time), marking a fifth straight session of net subscriptions, according to SoSoValue data cited by ChainCatcher.
BlackRock's IBIT led daily inflows, attracting $116 million. IBIT's cumulative net inflow has reached $60.606 billion.
ARKB, issued by Ark Invest and 21Shares, ranked second with a single-day net inflow of $727.422 million, taking its cumulative net inflow to $1.322 billion.
Grayscale's GBTC recorded the largest single-day net outflow at $454.001 million. GBTC's cumulative net outflow stands at $27.377 billion.
As of publication, the total net asset value of Bitcoin spot ETFs was $79.163 billion. The net asset ratio—ETF market value as a share of Bitcoin's total market capitalization—was 6.04%, while cumulative net inflows since launch totaled $51.579 billion.
