Bitcoin ETFs Record Strongest Inflows This Month — Ethereum Follows with Renewed Institutional Interest
1. Investor Sentiment Rebounds as BTC Spot ETFs See Highest Inflows in June
Bitcoin spot ETFs in the U.S. recorded their largest single-day net inflow of $588.6 million, signaling a strong recovery in investor sentiment. According to Farside Investors, this marks the 11th consecutive day of net inflows, underscoring a consistent institutional return to the crypto market.
2. BlackRock and Fidelity Lead the Charge
Breakdown by ETF
BlackRock’s IBIT: $436.3 million
Fidelity’s FBTC: $85.2 million
ARK Invest’s ARKB: $43.4 million
Bitwise’s BITB: $9.8 million
Notably, BlackRock accounted for 74% of total inflows, reinforcing its dominant position in institutional crypto products. Grayscale’s GBTC saw no outflows, and other ETFs like BTCW remained stable.
3. Ethereum Spot ETFs Also See Consecutive Inflows
Ethereum spot ETFs also posted positive numbers, with a net inflow of $71.3 million, marking two straight days of inflows. After several weeks of mixed flows in mid-June, this shift suggests growing market confidence.
ETF-specific details
BlackRock’s ETHA: $98 million inflow
Fidelity’s FETH: $26.7 million outflow
Despite the temporary outflow from FETH, the overall balance remains skewed in favor of inflows.
4. A Clear Turnaround from June’s Mid-Month Sell-Off
This resurgence comes after sharp ETF outflows observed earlier in the month
GBTC: $285 million outflow
FBTC: $282 million outflow (both on June 17)
Just a week later, fund flows have flipped back into positive territory, reinforcing the resilience of the U.S. spot ETF ecosystem.
5. Inflows May Drive Crypto Price Recovery
Bitcoin and Ethereum prices have shown increasing sensitivity to ETF flows. If current inflow trends continue, it could bolster both market confidence and price recovery. Renewed institutional participation appears to be more than a short-term momentum shift — it may signal a new leg in long-term crypto accumulation.
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