Crypto Live News

Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

The Bitcoin ETFs recorded massive inflows on July 1, glimmering hope for Bitcoin. The BTC ETFs have maintained a 5-day inflow streak and recorded $129 million in inflows on July 1. Notably, not a single US BTC ETF saw outflows on the same date. Fidelity’s FBTC led with $65 million inflows, while  BlackRock’s IBIT and Grayscale’s GBTC experienced net flows of $0. Collectively, BTC ETFs saw $266 million in inflows over the past five trading days, which might help the token in smoother price movements.

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