Bitcoin ETFs end July in the green despite late-month selling

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Bitcoin ETFs ended July in positive territory despite late-month selling pressure, with a weekly outflow of $61.53 million for the week ending July 31, breaking a streak of three consecutive weeks of inflows. The products have attracted $51.32 billion in cumulative net inflows since launch, with total net assets standing at $76.29 billion at the end of July. Ether ETFs stood out with $365.2 million in net inflows in July, their second positive month of the year after April. XRP ETFs maintained steady demand with $27.3 million in July inflows, bringing their cumulative net inflows to approximately $343 million year to date.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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