U.S. Bitcoin spot exchange-traded funds (ETFs) recorded net inflows for a third consecutive trading day on July 16, attracting $79.15 million, according to data from Sosovalue. The streak began on July 14, though the latest figure represents a 27% decline from the previous day's $107.8 million. Cumulative net inflows now stand at $51.22 billion.
Inflows Concentrated in Three Funds
Among the 13 Bitcoin spot ETFs, only three saw positive flows: BlackRock's IBIT added $33.44 million, Fidelity's FBTC brought in $30.73 million, and Bitwise's BITB attracted $14.98 million. The remaining funds recorded no net inflows or outflows.
Total trading volume across all Bitcoin spot ETFs reached $997.9 million, led by BlackRock IBIT at $797.87 million, followed by Fidelity FBTC at $78.07 million and Grayscale GBTC at $42.74 million. The combined net assets of the ETF category amount to $77.72 billion, representing about 6.04% of Bitcoin's total market capitalization. BlackRock IBIT leads with $47.19 billion in net assets, ahead of Fidelity FBTC at $11.03 billion and Grayscale GBTC at $8.66 billion.