U.S. spot Bitcoin ETFs’ cumulative net inflows exceed $17 billion
According to Farside Investors, the US Bitcoin spot ETF has seen a cumulative net inflow of $17.008 billion since its launch, setting a new historical high. Among them, BlackRock's iShares BTC ETF has seen a cumulative net inflow of $18.968 billion; Fidelity's FBTC has seen a cumulative net inflow of $9.962 billion; and Grayscale's GBTC has seen a cumulative net outflow of $18.694 billion.
The total Ethereum contract holdings on the entire network reported $14.798 billion, a 24-hour decrease of 0.62%.
According to Coinglass data, the total Ethereum contract position on the network is reported to be $14.798 billion, with a 24-hour decrease of 0.62%. Additionally, the total Bitcoin contract position on the network is currently reported to be $36.566 billion, with a 24-hour decrease of 0.08%.
Spot Bitcoin ETF inflows were unusually active in July, with cumulative BTC exceeding 41,000 USD
According to data from HODL15Capital, as of July 21st, the purchase volume of Bitcoin ETF in the United States has reached 41,158 coins, with BlackRock's IBIT taking the lead. At the same time, miners have added 4,500 BTC this month.
SEC "strongly suggests ETH is a commodity rather than a security" in its spot Ethereum ETF approval order
According to a report by Foley & Lardner LLP, Nate Geraci, the president of The ETF Store, stated that the most important development in the SEC's approval of the ETH spot ETF is that "the SEC strongly suggests that ETH is a commodity rather than a security." In addition, "the approval order indicates that cryptocurrencies can begin as securities and evolve into commodities over time."
So far this month, US Bitcoin ETF purchases are 41,158
According to HODL15Capital data, as of July 21st, the purchase volume of Bitcoin ETF in the United States this month is 41,158 coins.
Spot Bitcoin ETFs see highest flow day in over 5 weeks
The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million.
The ETF Store President: Still believes that the US SEC will approve the S-1 application for the Ethereum spot ETF next week
The president of The ETF Store, Nate Geraci, posted on social media that the SEC seems to be going through a "holding breath" phase similar to the one before the 19b-4 application was approved, but he still believes that the SEC will approve the S-1 application for ETH spot ETF next week without any reason for delay.In response, Bloomberg analyst Eric Balchunas stated that every issuer is ready and the documents are prepared, so things may develop quickly next week.
Yesterday, the U.S. Bitcoin spot ETF had a net inflow of $311 million, marking six consecutive trading days of net inflows
According to HODL15Capital monitoring, yesterday's net inflow of US Bitcoin ETF spot reached 311 million US dollars (equivalent to 5,361 BTC), with a net inflow for 6 consecutive trading days.
Grayscale: If the Ethereum ETF is approved, nearly a quarter of potential voters will be more interested in investing in ETH
On July 6th, asset management company Grayscale released a Harris Poll survey showing that as the 2024 US presidential election approaches, interest and awareness of cryptocurrency among voters has significantly increased. If an Ethereum ETF is approved, nearly a quarter of potential voters would be more interested in investing in Ethereum.
US Bitcoin spot ETFs saw a net inflow of $143.1 million yesterday
According to Farside Investors, the net inflow of the US Bitcoin spot ETF was $143.1 million yesterday, with no funds flowing in or out of BlackRock IBIT.
