{"id":15115,"date":"2024-07-11T09:57:33","date_gmt":"2024-07-11T06:57:33","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-etf-inflows-persist-for-fourth-consecutive-day\/"},"modified":"2024-07-11T09:57:33","modified_gmt":"2024-07-11T06:57:33","slug":"bitcoin-etf-inflows-persist-for-fourth-consecutive-day","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-etf-inflows-persist-for-fourth-consecutive-day\/","title":{"rendered":"Bitcoin ETF Inflows Persist for Fourth Consecutive Day"},"content":{"rendered":"<p>On July 10, inflows into spot Bitcoin ETFs amounted to $147.4 million, marking a positive trend for the fourth consecutive day, according to <a href=\"https:\/\/sosovalue.xyz\/assets\/etf\/us-btc-spot\">SoSoValue<\/a>.<\/p>\n<p>During this period, investors poured $801.7 million into these instruments.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1099.webp\" alt=\"1-1099\" class=\"wp-image-236697\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>On July 10, the leaders in dynamics were:<\/p>\n<ul class=\"wp-block-list\">\n<li>FBTC from Fidelity ($57.79 million);<\/li>\n<li>EZBC from Franklin Templeton ($31.66 million);<\/li>\n<li>IBIT from BlackRock ($22.24 million);<\/li>\n<li>BRRR from Valkyrie Digital Assets ($20.68 million).<\/li>\n<\/ul>\n<p>Clients withdrew $8.15 million from GBTC by Grayscale.<\/p>\n<p>Cumulative inflows <a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">since the approval<\/a> of the products in January have reached $15.42 billion.<\/p>\n<p>Investors continued to capitalize on the correction that arose amid coin sales by German authorities and the distribution of bitcoins among Mt.Gox clients.<\/p>\n<p>Earlier, 10x Research suggested a potential drop in the first cryptocurrency&#8217;s rate to $50,000 due to a sharp change in sentiment.<\/p>\n<p>Meanwhile, technical analyst Peter Brandt did not rule out a decline in digital gold prices to $44,000.<\/p>\n<p>Standard Chartered maintained expectations of Bitcoin returning to its <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span> in August and subsequently rising to $100,000 by the U.S. presidential elections in November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On July 10, inflows into spot Bitcoin ETFs amounted to $147.4 million, marking a positive trend for the fourth consecutive day, according to SoSoValue. During this period, investors poured $801.7 million into these instruments. Data: SoSoValue. On July 10, the leaders in dynamics were: FBTC from Fidelity ($57.79 million); EZBC from Franklin Templeton ($31.66 million); [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,1145],"class_list":["post-15115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"36","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15115"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15115\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15114"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}