US-based spot bitcoin exchange-traded funds have extended their inflow streak to seven straight trading days, with Friday's inflows marking the largest single-day intake since early June, a nearly four-month high.
Following the streak, the ETFs have achieved a two-month high in terms of total asset value, with $61.21 billion worth of bitcoin currently being held by the twelve funds currently available for trading.
On Friday, the funds saw a daily total net inflow of $494.27 million, according to SoSoValue data, led by a $203.1 million inflow to Ark and 21Shares' ARKB fund. Fidelity's FBTC logged the second-highest inflow, with $123.6 million, followed close behind by BlackRock's IBIT fund, with $110.8 million in inflows on Friday.
Also recording inflows were Grayscale's GBTC with $26.1 million, Bitwise's BITB with $12.9 million, VanEck's HODL with $11.1 million, Invesco's BTCO with $3.3 million, and Valkyrie's BRRR with about $3.3 million as well. The four remaining funds saw no significant inflows nor outflows.
The daily total inflow of $494.27 million was the highest single-day intake for the funds since June 4, when the funds saw $886.75 million in inflows. The total net asset value of the funds, $61.21 billion, is the highest value recorded since July 29, when the total net asset value was $61.73 billion, according to SoSoValue data.
The U.S. Securities and Exchange Commission's recent approval of BlackRock's proposal to list and trade options for its spot Bitcoin 
BTC +0.19% ETF has led some analysts to predict a "flurry" of new filings, though others have turned a critical eye towards the potential effects of more "paper" Bitcoin on the demand for underlying asset.
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