Bitcoin Spot ETFs See $1.18B in Daily Inflows – Second-Highest Ever

Main Idea
Bitcoin and Ethereum spot ETFs saw significant daily inflows, with Bitcoin ETFs recording $1.18 billion and Ethereum ETFs $383 million, driving their prices to new highs.
Key Points
1. Bitcoin spot ETFs had $1.18 billion in daily inflows on July 10, the second-highest ever, pushing Bitcoin's price to a record $118,140.
2. BTC spot ETFs surpassed $51 billion in cumulative total net inflows, with BlackRock’s IBIT leading at $448.49 million.
3. Ethereum spot ETFs saw $383 million in total net inflows, the second-highest record, with Ether's price rising 8% to $3,014.
4. BlackRock’s iShares Ethereum Trust (ETHA) led ETH ETF inflows with $300.93 million on July 10, and Grayscale’s ETHE followed.
5. ETH spot ETFs have $5.10 billion in cumulative net inflows, with ETHA attracting over $1.2 billion since June.
Description
Bitcoin spot exchange-traded funds (ETFs) saw its second-highest record daily inflows of $1.18 billion on July 10, per Sosovalue data . The significant institutional activity in the form of ETF inflows has driven the token’s price to a fresh record of $116,664 on Thursday. Bitcoin is currently trading at $118,140 at press time, briefly surpassing $118,450. Additionally, the BTC spot ETFs have surpassed $51 billion in cumulative total net inflows, marking the first time and highlighting consisten...
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