Bitcoin ETFs See Record $1.2 Billion Inflows as Price Hits $118,403.89

On July 10, 2025, Bitcoin ETFs experienced a monumental surge, with inflows reaching a record $1.2 billion. This significant inflow marked the second-highest daily inflow ever recorded for U.S. spot Bitcoin ETFs, coinciding with Bitcoin hitting a new all-time high of $118,403.89. This surge reflects growing confidence among investors and a strong institutional appetite for the cryptocurrency.

The influx of funds into Bitcoin ETFs is driven by several factors, including the recent halving event, which reduced the supply of new Bitcoins entering the market. This scarcity, combined with increased demand from institutional investors, has contributed to the price surge. Additionally, the potential for rate cuts by the Federal Reserve has created a favorable environment for risk-on assets like Bitcoin.

The record inflows into Bitcoin ETFs are a testament to the growing institutional interest in the cryptocurrency. Firms like BlackRock and Fidelity have seen significant inflows into their spot Bitcoin ETFs, with BlackRock’s iShares Bitcoin Trust alone attracting nearly $448.49 million on July 10. This trend indicates a shift in how institutions are approaching Bitcoin exposure, with ETFs providing a simplified and accessible way to invest in the cryptocurrency.

The surge in Bitcoin’s price and the record inflows into ETFs are part of a broader trend of institutional adoption. Corporations such as MicroStrategy and GameStop have continued to add Bitcoin to their balance sheets, further fueling expectations that the cryptocurrency could break through the $120,000 psychological barrier in the near term. This resurgence of corporate buying is supported by sustained structural inflows from institutional players, as noted by Dilin Wu, a strategist at Pepperstone.

The timing of this breakout is also significant, as it comes just days before Congress begins “Crypto Week” on July 14. During this period, lawmakers will debate bills that could reshape the entire U.S. crypto framework. A favorable legislative outcome could accelerate the trend of institutional adoption, giving Bitcoin even more legitimacy as a macro asset. Jesse Jarvis, CEO of Kaiko AI, highlighted that regulation could "strengthen confidence in compliant crypto platforms."

Ether ETFs also saw a strong $383.10 million in net inflows, marking another day of significant traction. Blackrock’s ETHA led with $300.93 million, followed by Fidelity’s FETH ($37.28 million), Grayscale’s Ether Mini Trust ($20.70 million), and ETHE ($18.89 million). Smaller contributions came from Bitwise’s ETHW ($3.23 million) and Vaneck’s ETHV ($2.06 million). Total ether ETF trading hit $1.23 billion, and net assets reached $12.50 billion.

Momentum is rising significantly, and institutional demand is showing no signs of slowing. The record inflows into Bitcoin ETFs and the cryptocurrency’s new all-time high are indicative of a broader trend of institutional adoption and growing confidence in the asset class. As more investors and corporations embrace Bitcoin, the cryptocurrency is poised to continue its upward trajectory, driven by strong institutional demand and favorable macroeconomic conditions.