
US Spot Bitcoin ETFs Pull In $1.7B in Just Two Days
- —Two-day inflows topped $1.7 billion: $999 million Monday and $715 million Tuesday
- —Total ETF assets hit $111 billion, up 56% from the June 30 low of $71 billion
- —Average holder cost basis is $81,722, putting investors back in profit for the first time since January
- —Inflow leaders: BlackRock's IBIT at $350 million, Fidelity's FBTC at $257 million, Grayscale Mini Trust at $99 million
Why it matters: Sustained ETF inflows create direct spot demand for Bitcoin and help hold the price above $86,000.
Source: Bit2Me News