BlackRock's IBIT led U.S. spot Bitcoin ETFs to $79.15M in net inflows on July 16, snapping an eight-week outflow streak exceeding $8 billion.

BlackRock's IBIT holds $47.5B of the $78B in US spot Bitcoin ETF assets, capturing 61% market share and attracting over $50B in net inflows since January

BlackRock's IBIT led U.S. spot Bitcoin ETFs to $79.15M in net inflows on July 16, snapping an eight-week outflow streak exceeding $8 billion.