Benzinga – spot ETFs experienced significant net inflows on July 1, marking the continuation of a positive trend over five consecutive days.
What Happened: The total net inflow amounted to $129 million, reflecting increasing investor confidence in these financial instruments.
Notably, the Fidelity ETF attracted a single-day inflow of $65.034 million, while the Bitwise ETF saw a single-day inflow of $41.4022 million, according to data from SoSo Value.
In related news, Nate Geraci, president of The ETF Store, said that the US SEC has confirmed receipt of the 19b-4 application for the Hashdex Crypto Index US ETF.
This fund is unique in that it will hold both spot Bitcoin and , offering investors diversified exposure to these leading cryptocurrencies.
The final deadline…
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