Bitcoin spot ETFs post $79.15 million net inflow on July 16, extending streak to three days

AI Market Summary

Spot Bitcoin ETFs saw a $79.15m net inflow on July 16, extending inflows to three straight sessions, signaling renewed incremental demand via regulated vehicles. BlackRock's IBIT led with $33.44m and remains the dominant accumulator with $60.353b cumulative inflows, while Fidelity's FBTC added $30.73m. The flow persistence can tighten near-term supply dynamics and support broader crypto risk appetite.

Impact level

● Medium

Affected assets

BTC/USDT-2.99%

AI Insight · BTC/USDTAI Insight

▲ Bullish

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PANews, July 17 — Data from SoSoValue showed that spot Bitcoin ETFs logged total net inflows of $79.15 million on July 16 (U.S. Eastern Time), marking a third straight session of inflows. BlackRock's IBIT led the group with $33.44 million in single-day net inflows, bringing its cumulative net inflows to $60.353 billion. Fidelity's FBTC ranked second, attracting $30.7255 million for the day; its cumulative net inflows stand at $9.974 billion.

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