Bitcoin ETFs See $21.44M Inflow on Day 3 as Blackrock's IBIT Drives $54.8M Surge

IBIT-2.52%

According to Bitcoin.com News, bitcoin ETFs posted $21.44 million in net inflows on July 8, marking their third consecutive day in positive territory. Blackrock's IBIT led the session with a $54.80 million inflow, offsetting $24.92 million in redemptions from Fidelity's FBTC and $8.44 million from Ark & 21Shares' ARKB. Total bitcoin ETF net assets closed at $77.26 billion.

Ether ETFs extended their inflow streak to four trading days, adding $26.93 million entirely through Blackrock's ETHA. Total ether ETF net assets closed at $9.53 billion. HYPE and Solana ETFs also remained in positive territory with $4.32 million and $1.67 million in inflows respectively, while XRP ETFs saw no trading activity.

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