Bitcoin Exchange-Traded Funds (ETFs) have seen a significant influx of investment, with $233.1 million in daily inflows, according to reporting from CoinTelegraph. This surge in investment has turned the week positive for US spot Bitcoin ETFs.
BlackRock's IBIT led the way in these inflows, contributing to the overall positive trend for the week and month. As a result, July is now on track to end in the green, a notable development in the cryptocurrency market.