Bitcoin ETFs See 12-Day Inflow Streak $3.9 Billion

US-based spot Bitcoin ETFs have experienced a remarkable streak of net inflows, marking the 12th consecutive trading day with positive capital gains. This sustained inflow has resulted in a total capital increase of $3.9 billion, with June 25 alone seeing $547.7 million in inflows. This continuous inflow underscores the escalating interest and investment in Bitcoin ETFs, which have become a favored investment vehicle for both institutional and retail investors.

Leading the charge is BlackRock’s IBIT fund, which recorded net inflows of $340.3 million on June 25. Following closely is Fidelity’s FBTC fund with $115.2 million in inflows. Other notable funds include Ark Invest and 21Shares’ ARKB, Bitwise’s BITB, and VanEck’s HODL, which took in $70.2 million, $12.9 million, and $9.1 million, respectively. The IBIT fund has been particularly dominant, accounting for 86% ($3.3 billion) of the total net inflows over the 12-day period.

The sustained inflows into Bitcoin ETFs have brought the total capital gain to nearly $4 billion, with the ETF category approaching $50 billion since January 2024. This trend is seen as a positive indicator of the growing acceptance and maturity of Bitcoin as an institutional asset class. Nate Geraci, President of The ETF Store, commented on the significance of this trend, stating, “12 consecutive days of inflows, $4 billion in fresh capital. The ETF category is approaching $50 billion since January 2024. That’s really incredible.”

Since their launch in January 2024, US-based spot Bitcoin ETFs have seen a total of $48.4 billion in net inflows, with assets under management currently standing at approximately $125 billion. This reflects a strong and growing interest in Bitcoin as a viable investment option.

The positive momentum is not limited to Bitcoin ETFs. Spot Ethereum ETFs also recorded net inflows of $60.4 million on June 25, with $55.2 million of these inflows going to BlackRock’s ETHA fund. This marks the third consecutive positive day for Ethereum ETFs, with total inflows over the last three days reaching $232.4 million. Since their launch in July 2024, Ethereum ETFs have seen a total of $4.2 billion in inflows.

The strengthening of Bitcoin and Ethereum ETFs can be attributed to several factors. Timothy Misir, BRN Research Director, noted that the weakening dollar and the World Bank’s downgrade of its 2025 US growth forecast to 1.4% from 2.3% are creating favorable economic signals for uncorrelated assets like Bitcoin. Misir also emphasized that government institutions have begun accumulating Bitcoin, and companies continue to rapidly adopt it, indicating that Bitcoin is maturing as an institutional asset class.

Vetle Lunde, President of K33 Research, stated earlier this week that ETF flows directly affect the BTC price, while treasury companies have a more limited impact. Considering the combination of increasing institutional demand, the weakening dollar, and concerns about an economic slowdown, it is thought that Bitcoin's upward momentum may continue in the short term. This analysis suggests that the current trends in Bitcoin and Ethereum ETFs are likely to persist, driven by both economic factors and growing institutional interest.