Guavy AI Editorial TeamSentiment: 2Clout: 78

Bitcoin ETF Inflows Surge to $368M Amid Rising BTC Price

Bitcoin ETFs have seen significant inflows over the past three trading days, totaling $368 million. This is a notable turnaround for the market after June's net outflows of $4.51 billion.

The influx began on July 16 with $221.7 million flowing into spot Bitcoin ETFs, followed by $108 million on July 15 and an estimated $181 million on Tuesday.

This surge in interest coincided with a rise in the price of bitcoin, which briefly climbed above $65,000 for the first time since late June.