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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
U.S. spot Bitcoin ETFs recorded their first weekly net inflow since May, led by BlackRock's IBIT fund which attracted $86.83 million on July 10. While BlackRock’s digital asset funds reached $15 billion in net inflows over the past year, the total value of its holdings decreased by 39% due to falling market prices. Additionally, the U.S. SEC recently approved a significant increase in the options contract limit for BlackRock's Bitcoin ETF (IBIT).