In mid-July, US spot BTC ETFs saw net inflows again, with net inflows of about $132.3 million on July 17. Over the past two weeks, cumulative net inflows were about $264.4 million, with Fidelity, ARK, and BlackRock products contributing the most. Total net inflows for July were about $200 million; compared with the record $4.5 billion net outflows in June, this can only be seen as a repair, not a trend reversal.

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