Bitcoin News Today: Bitcoin ETFs See $2.39 Billion Inflows Amid Trump's GENIUS Act

Bitcoin exchange-traded funds (ETFs) in the US have recorded their second consecutive week of inflows exceeding $2 billion, marking a 12-day streak of positive investment flows. This surge coincided with President Donald Trump signing the nation's first major cryptocurrency legislation, the GENIUS Act, on July 18. The $2.39 billion weekly performance came as Bitcoin reached a new all-time high of $122,800, reinforcing growing institutional confidence in digital assets.

On Friday, Bitcoin ETFs posted $363.45 million in daily inflows, extending their streak to 12 consecutive days of positive flows. BlackRock's iShares Bitcoin Trust led with $496.75 million in Friday inflows, approaching $90 billion in total assets. The surge followed Trump's signing of the GENIUS Act, marking the first crypto bill signed into law. WisdomTree's Bitcoin Trust also recorded positive flows of $3.11 million, suggesting renewed investor confidence across the broader Bitcoin ETF landscape. However, five other major Bitcoin ETFs recorded net outflows totaling $136.42 million on Friday, despite the overall market maintaining its positive trajectory.

The timing of these record inflows coincided with a significant policy development. The GENIUS Act, signed into law on July 18, created the first federal legislation specifically addressing cryptocurrency markets. This regulatory milestone occurred on the same day Bitcoin ETFs recorded their substantial inflows, suggesting policy clarity may be driving institutional participation. The 12-day positive streak represents an extraordinary period of sustained institutional interest, indicating that institutional investors are viewing current market conditions as an opportune entry point for Bitcoin exposure.

Market observers note that the current inflow pattern differs markedly from previous cryptocurrency investment cycles. Rather than retail-driven speculation, institutional money appears to be driving the current surge. This shift toward institutional participation may provide greater stability and legitimacy to Bitcoin markets moving forward. Bitcoin's price performance provided the backdrop for the ETF surge, reaching $122,800 during the week and establishing a new all-time high. Current trading levels around $118,000 represent more than 12% gains over the past month. The price appreciation occurred alongside the ETF inflows, creating a reinforcing cycle of positive sentiment.

The sustained inflow pattern represents more than typical market volatility. Two consecutive weeks exceeding $2 billion in inflows suggest a structural shift in institutional attitudes toward Bitcoin investment. Traditional financial institutions increasingly view Bitcoin ETFs as legitimate portfolio diversification tools rather than speculative investments. The concentration of inflows in BlackRock's offering reflects the importance of established financial brands in cryptocurrency adoption. Investors appear to gravitate toward familiar institutional names when entering the Bitcoin market, potentially accelerating mainstream acceptance.

The second consecutive $2 billion week for Bitcoin ETFs, driven by Trump's signing of the GENIUS Act and Bitcoin's climb to $122,800, signals a potential inflection point for institutional cryptocurrency adoption. With BlackRock's fund approaching $90 billion in assets and 12 straight days of positive flows, the market demonstrates unprecedented institutional confidence in digital asset exposure. This period of sustained inflows and policy developments suggests a maturing market, with institutional investors playing an increasingly significant role in shaping the future of cryptocurrency adoption.