“The total pure influx of a bitcoin stock exchange funds for the first time crossed $ 50 billion. In the last day, 12 American bitcoin -ETFs recorded $ 218 million in Bitcoin -ETF statistics. Data: Sosovalue. The largest revenues for July 9 received IBIT from Blackrock – $ 125.5 million. Next are ARKB from Ark and 21shares with $ 56.96 million […]”, – WRITE: Businessua.com.ua
A total of pure influx into a spontaneous Bitcoin stock fund for the first time crossed a $ 50 billion mark. In the last day 12 American bitcoin -ETFs recorded receipts in the amount of $ 218 million.
Bitcoin -ETF statistics. Data: Sosovalue.
The largest revenues for July 9 received IBIT from Blackrock – $ 125.5 million. Next are ARKB from Ark and 21shares of $ 56.96 million and Mini Bitcoin Trust from GrayScale from $ 15.8 million.
The BTC Markets analytics Rachel Lucas called this border “the turning point of the Bitcoin institutionalization.”
She noted that the main growth driver is not retail, but steady demand from investment companies, corporations and platforms for secured customers. For several weeks in a row, stable tributaries are recorded, which indicates a constant trend.
Dynamics of pure tributaries in spontaneous bitcoin -ETF. Data: Sosovalue.
According to Lucas, the increase in the value of bitcoin is associated with the combination of macro factors and market characteristics. Demand for risky assets stimulate the geopolitical tension and Trump’s statements about the need to reduce rates.
“Bitcoin with its limited issue and global liquidity is in a unique position […]. At the same time, the ETF format makes it attractive to institutions. These are adjustable and transparent products available because of the same infrastructure as stocks or bonds, ”Lucas explained.
Against the backdrop of “whale” demand and expectations of softer policy Fed July 9 Bitcoin approached $ 112,000. It is now being traded just above $ 111,000.
Ethereum -ETF According to the results of July 9, Ethereum -ETF spokes attracted $ 211 million. The total net devour exceeded $ 4.72 billion.
Statistics on spot Ethereum -ETF. Data: Sosovalue.
“This is not 2021. It is not about speculation, but a redistribution of capital. Bitcoin is increasingly perceived as a macro tool for long -term strategies. […] The infrastructure is ready, the regulation is more transparent, and the flows are stable. It fueled growth, ”Lucas added.
Dynamics of pure tributaries in the simply Ethereum -ETF. Data: Sosovalue.
Institutions and Solana Slana -based US stock exchange funds raised $ 78 million, which indicates an increase in interest in Altcoin -ETF, Coindesk reports.
According to Bloomberg Intelligence, since July 2, the Rex -Ossprey Solana Staking Etf (SSK) has accumulated over $ 41 million from Volatility Shares (Solt), $ 69 million from the beginning of the year and the traditional Solz.
The senior ETF analyst with Bloomberg Intelligence, Eric Balchunas, noted that the turnover is significantly inferior to bitcoin -like Eth -ETF, but “a steady panel is a positive signal.”
We will remind, in June Balchunas provided “Summer Altcoin -ETF”. According to him, SEC can approve index products on the cryptocurrency basket in July, and subsequently funds based on Solana.
The gun
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