Krutika Adani
On 22 and 23 July, spot Bitcoin ETFs saw almost half a million dollars worth of inflows.
To date, BlackRock’s IBIT ETF has been the top gainer, with a total of $19 billion in inflows and an AUM of $17 billion.
The Grayscale Bitcoin ETF was the top loser among all Bitcoin ETFs and has suffered a loss of $18.72 billion to date.
Despite massive inflows, Bitcoin failed to cross $70k.
The US elections could be a decisive event for Bitcoin, with both sides trying to woo the crypto community.