Bitcoin Surges; BTC ETF Record $422.5 Million Inflow

July 17, 2024 July 17, 2024

United States Bitcoin ETFs recorded inflows worth $422.5 million on Tuesday. The highest inflow tally since June 5th.

[{"selector":"#anim-b56abea9-8359-4a05-8b01-3c1ddb420a5b","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-80e4cdbb-8a44-4f3e-8f6f-ed90ea88d504","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ba339f4-2c11-4ebd-ae14-9f256e234dda","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-98daff43-f44f-4541-8f04-d1328c35cae5","keyframes":{"transform":["rotate(-90deg) translate3d(0px, 50.32978%, 0) rotate(90deg)","rotate(-90deg) translate3d(0px, 0px, 0) rotate(90deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6020ac9c-ab94-4bf7-8bca-c6530362bb96","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec428967-763f-478f-9e14-c32b892a6fd9","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5424c104-5eeb-401f-8bfc-1e0a4fae8928","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

BlackRock’s IBIT received over $260 million on July 16th, accounting for the highest inflows.

[{"selector":"#anim-a8f1de1e-def6-40bb-8821-52b533ab8b4b","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3796513d-fc7e-4065-864a-cd60409cfbeb","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b02a203f-7fe6-41b6-ac31-507a1941fdac","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e05d51c-6dbf-4c8f-8bd9-5e60724b040f","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-183a0ecb-e15f-4b46-a040-8615cc2e7409","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-58f9f078-f3ae-4e8a-a22d-615dfaded813","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cb01d4a6-5643-4810-a0e8-222e467899a2","keyframes":{"transform":["translate3d(-50.0001%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

The 11 spot Bitcoin ETFs have collectively earned over $1 billion in the last three days.

[{"selector":"#anim-b0321bc9-9f1f-4a07-85b2-47250e6216bf","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6e2ed8e8-e92b-4138-9096-26a57d128a15","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5d2f67b-ba42-4e47-b7b9-d0f4f21cc92e","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-708bd377-6fd6-47c9-8181-1625b41c23b7","keyframes":{"transform":["rotate(-90deg) translate3d(0px, 50.32978%, 0) rotate(90deg)","rotate(-90deg) translate3d(0px, 0px, 0) rotate(90deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-39dff774-4b55-465a-b370-147f5546afb8","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7413a66a-21a2-4a9d-ba7d-223cfcd3746d","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-01f638ff-cd5b-4dd9-9650-95c7612bd44f","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

The market recovery comes despite the German government's BTC offloading and Mt. Gox client repayments

[{"selector":"#anim-c930e216-fee2-4b9a-bfad-1624384e4b0a","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cdeee6f1-fc5e-48b9-af14-19568e946d5d","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7178b722-8eab-42a6-a314-4a2048950105","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8b7946b5-9a26-4cba-ae43-a9cc50096f00","keyframes":{"opacity":[0,1]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-243034a6-fa4e-4964-be2e-b6c3ceeb5b0c","keyframes":{"transform":["translate3d(-1007.89479%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0eff5dfc-a891-43c8-bf5d-17affa096351","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-64c08205-c9e7-4ade-83d9-9c7d8e44e14e","keyframes":{"transform":["translate3d(-50.0001%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Arrow

Want to know more about the Bitcoin ETFs?

[{"selector":"#anim-2ae3c1ff-759f-495c-aad6-d0027f9f80e6","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1573c438-4f52-4a7d-9054-4ebc493d2e17","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bbb86927-8910-4a4f-9676-ee5858af49ed","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7b766327-6e1c-4e87-8e38-82ba083e446d","keyframes":{"transform":["translate3d(49.99990%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-43e0f195-f40e-4755-8395-8e7b879fd6c6","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-76ecc975-c5f5-4d82-921d-8c45e8e69147","keyframes":{"opacity":[0,1]},"delay":1250,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d2ba0451-4d08-49b6-b11e-ae70a5706f35","keyframes":{"transform":["scale(1)","scale(1.4)","scale(0.96)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":500,"duration":1500,"easing":"ease-in-out","fill":"both","iterations":2}] [{"selector":"#anim-c447a0b8-32e7-4bea-bf2e-4a8e474d7e48","keyframes":{"transform":["scale(1)","scale(1.4)","scale(0.96)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":500,"duration":1500,"easing":"ease-in-out","fill":"both","iterations":2}] Terrain Map Click Here Off-White Arrow Tap to Read More Tap to Read More