U.S. spot Bitcoin ETFs saw net inflows of $221.7 million on July 2,


after 10 consecutive days of outflows.
After net outflows of approximately $2.7 billion over ten consecutive trading days, U.S. spot Bitcoin ETFs recorded net inflows of $221.7 million on July 2.
- Fidelity FBTC: net inflow of $166 million
- ARK 21Shares ARKB: net inflow of $91.8 million
- BlackRock IBIT: net inflow of $40.4 million, with net outflows for the 11th consecutive trading day
Driven by weak U.S. employment data and about $450 million in short liquidations, Bitcoin's price briefly broke above $62.1k.
A capital rotation appears to be underway, with the upward momentum in memory and semiconductor stocks fading as funds flow back into Bitcoin.
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