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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-show-growing-confidence-in-bitcoin-etfs-with-significant-inflows/" data-wpel-link="internal">Investors Show Growing Confidence in Bitcoin ETFs with Significant Inflows</a><br></p>
<p style="text-align: justify">In the US, spot <strong><a href="https://en.coin-turk.com/bitcoin-surges-past-52000-as-investors-anticipate-halving-event/" data-wpel-link="internal">Bitcoin</a> ETF</strong>s recorded a net inflow of $147 million yesterday, marking the fourth consecutive day of positive net inflows. This capital flow reflects investor interest and confidence in Bitcoin. Fidelity’s FBTC, which recorded the highest fund inflow on Wednesday, stood out with an investment of $57.79 million. On the other hand, Grayscale saw an outflow of $8.15 million.</p> 
<h2 id="other-inflows">Other Inflows</h2> 
<p style="text-align: justify">Franklin Templeton’s spot Bitcoin fund achieved its largest investment flow since May with an inflow of $31.66 million. This increase signals growing interest in Bitcoin among institutional investors due to recent market developments and price trends.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-369585 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/etf-1.png" alt="" width="1621" height="769"></p> 
<p style="text-align: justify">BlackRock’s IBIT also experienced a significant net inflow of $22.24 million on the same day. The participation of a major asset management firm like BlackRock in Bitcoin ETFs further solidifies Bitcoin’s status as a mainstream investment option.</p> 
<h2 style="text-align: justify" id="institutional-investment-and-bitcoin-s-future">Institutional Investment and Bitcoin’s Future</h2> 
<p style="text-align: justify"><strong>Valkyrie’s</strong> BRRR reported a net inflow of $20.68 million, contributing to the overall positive sentiment towards Bitcoin ETFs. Valkyrie’s success in attracting capital highlights the diverse range of investors participating in the Bitcoin ETF <a href="https://newslinker.co/category/science/space/" target="_blank" rel="noopener" data-wpel-link="exclude">space</a>.</p> 
<p style="text-align: justify">Among other ETFs, <strong>Ark Invest</strong> attracted an investment of $5.74 million, Invesco $9.47 million, Bitwise $4.7 million, and finally VanEck recorded an inflow of $3.25 million.</p> 
<p style="text-align: justify">The consecutive days of net inflows into US spot Bitcoin ETFs indicate growing confidence among investors in Bitcoin’s long-term prospects. This trend is supported by increasing institutional participation and <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">strategic investments</a> from leading financial institutions.</p> 
<p style="text-align: justify">Overall, the recent fund flow into US spot Bitcoin ETFs, notably in Fidelity’s FBTC, Franklin Templeton’s fund, BlackRock’s IBIT, and Valkyrie’s BRRR, reflects a broader trend of institutional adoption and investment in Bitcoin as a viable asset class with significant growth potential.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/investors-show-growing-confidence-in-bitcoin-etfs-with-significant-inflows/" data-wpel-link="internal">Investors Show Growing Confidence in Bitcoin ETFs with Significant Inflows</a></h5>

Investors Show Growing Confidence in Bitcoin ETFs with Significant Inflows

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