Bitcoin has risen above $57,000, recovering from lows near $54,092.80, according to Coingecko. Notably, U.S.-listed spot Bitcoin ETFs saw strong buying activity with nearly $300 million in net inflows on July 8, indicating increased investor interest despite market volatility.
On Monday, the 11 spot Bitcoin ETFs in the U.S. collectively attracted $294.9 million in net inflows, marking the highest intake since June 5.
BlackRock’s IBIT led with $187.21 million, followed by Fidelity’s FBTC with $61.54 million, and Grayscale’s GBTC with $25 million. Bitwise’s BITB saw $11 million in inflows, while Ark Invest and 21Shares’ ARKB received $8.44 million.
VanEck’s HODL fund added $1.6 million. Overall, these ETFs traded $1.98 billion, bringing their total net inflows since January to $15 billion.
Bitcoin’s price rose 3.8% to $57,150, recovering from recent lows of around $54,000 linked to movements related to Mt. Gox’s $9 billion payout.
Additionally, Cboe BZX filed for Solana ETFs, highlighting its resilience to price manipulation, as U.S. issuers await SEC approval for the first spot ether ETFs in the country.
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