Bitcoin ETFs Record 12 Straight Days of Inflows
Spot Bitcoin ETFs have recorded an impressive $6.6 billion in inflows over the last 12 days, signaling strong institutional demand and growing confidence in BTC’s long-term potential. On Friday alone, net inflows totaled $363 million, marking the twelfth consecutive day of positive momentum.
The highlight of the day was BlackRock’s iShares Bitcoin Trust (IBIT), which attracted $496.75 million, boosting its assets under management to $86.50 billion. This solidifies IBIT’s lead as the largest spot Bitcoin ETF in the market.
Mixed Flows Among Top ETF Providers
While BlackRock posted gains, other major funds showed varied activity:
- Fidelity’s FBTC recorded a minor outflow of $17.94 million
- Grayscale’s GBTC saw a larger outflow of $81.29 million, although it still manages $21.45 billion in assets
- ARKB, Ark Invest’s strategy ETF, also experienced a net outflow of $33.61 million
- Meanwhile, Grayscale’s second Bitcoin ETF remained neutral, with no change in net flows but maintaining $5.37 billion in AUM
Total ETF trading volume for the day reached $4.62 billion, reflecting sustained investor engagement.
Major Inflows: July 10 and 11 Hit $1B+ Milestones
During the 12-day inflow streak, July 10 and 11 stood out, with $1.18 billion and $1.03 billion in daily inflows, respectively — the first time two consecutive days crossed the $1 billion mark.
Other notable inflow days included:
- July 16: $799.40 million
- July 3: $601.94 million
- July 8: Lowest inflow of the period at $80.08 million
Cumulative net inflows now total $54.75 billion, with spot Bitcoin ETFs managing $152.40 billion, which is approximately 6.51% of Bitcoin’s market cap.
Ether ETFs Join the Rally
Not to be outdone, Spot Ether ETFs also gained significant traction, recording a $402.50 million net inflow on Friday. Their 11-day inflow streak now totals $7.49 billion.
- July 16 saw a record-breaking $726.74 million inflow, the highest since launch
- July 17 followed closely with $602.02 million
The rise of both Bitcoin and Ether ETFs confirms growing institutional interest, not just in BTC, but in the broader digital asset ecosystem.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.