Fidelity dominated the inflow of Bitcoin ETFs on July 19, bringing in a staggering $141 million. This surge in inflows contributed to a total of $383.6 million for U.S. Bitcoin ETFs, with BlackRock’s IBIT following closely behind. Bitcoin’s price also experienced a 4.2% increase, surpassing $67,000, accompanied by high trading volumes. This boost in Bitcoin ETF inflows has generated market optimism, especially as spot Ethereum ETFs are expected to begin trading soon. The approval and launch of Ethereum ETFs have sparked anticipation and positively impacted the sentiment in the cryptocurrency market.
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