US spot Bitcoin ETFs have recorded significant inflows, with $422 million entering the market. This is the largest single-day tally since early June and extends the seven-day streak of consecutive inflows. BlackRock's iShares Bitcoin Trust (IBIT) led the inflows with $260.23 million, followed by Fidelity's FBTC with $61.05 million. The cumulative net inflow has grown to $16.53 billion, a substantial increase from its record a day earlier. This surge in inflows has positively impacted Bitcoin's price, which has reentered the $65,000 price mark.Read more on The Block
US Spot Bitcoin ETFs Post $422 Million in Net Inflows, Largest Since Early June
