On the other hand, some funds experienced outflows. Grayscale Mini Bitcoin Trust and Bitwise’s BITB funds also had small net inflows. However, Grayscale’s GBTC fund saw an outflow of 41.22 million dollars, Fidelity’s FBTC fund lost 23 million dollars, and ARK & 21Shares ARKB fund saw a 6.21 million dollar outflow. 

Spot Bitcoin ETFs have cumulatively attracted a total net investment of 53.07 billion dollars. In the last nine trading days, these funds received 4.4 billion dollars in new investments. Since April, the total investment volume has reached around 17 billion dollars. 

Spot Bitcoin ETFs attract institutional investors and corporate treasuries. The increasing inflows since April have strengthened Bitcoin’s position in the digital asset market. Large investment amounts from major funds like BlackRock indicate growing confidence in the market. 

Stable Growth and Investment Volume in Ethereum ETFs 

On the Ethereum side, the trend toward spot ETFs continues. On July 15, a net investment inflow of 259 million dollars was recorded. Ether funds received over 1 billion dollars in investments during the last four trading days. Thus, Ethereum ETFs attracted net positive investments for the eighth consecutive day. 

Meanwhile, Bitcoin price is trading around 118,200 dollars at the time of this report. A slight pullback occurred from the all-time high of 123,000 dollars reached earlier in the week. However, the price maintains critical support levels. 

LVRG Research Director Nick Ruck noted that lower-than-expected CPI data increases the likelihood of the FED cutting interest rates in September. This situation has led to expectations of increased Bitcoin demand. 

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