Spot Bitcoin daily closed price ($111,246.0, +$2,332.9) vs ETF daily flows (+$218.04m) (July 9, 2025)

Thursday, Jul 10, 2025 12:21 am ET1min read

Spot Bitcoin daily closed price ($111,246.0, +$2,332.9) vs ETF daily flows (+$218.04m) (July 9, 2025)

Bitcoin's price experienced a significant surge on July 9, 2025, closing at $111,246.0, an increase of $2,332.9 from the previous day's close. This price movement was accompanied by substantial inflows into Bitcoin ETFs, totaling $218.04 million. The combination of a strong Bitcoin price and robust ETF inflows suggests a resilient market, despite recent fluctuations.

The rally in Bitcoin was driven by substantial inflows into Bitcoin ETFs and increased corporate adoption. According to Farside Investors data, Bitcoin ETFs have attracted nearly $50 billion since the first batch of funds debuted in January 2024. On July 9, 2025, spot Bitcoin ETFs absorbed 245,000 BTC in the second quarter alone, equivalent to nearly 1% of the total supply [2].

The price surge came despite a macro environment characterized by hawkish labor data and a sudden drop in rate-cut expectations. The recent developments in the cryptocurrency market highlight the growing acceptance and adoption of digital assets. The influx of capital into Bitcoin ETFs and the increased adoption on corporate balance sheets are clear indicators of this trend [2].

Fidelity’s Bitcoin ETF also showed significant inflows, with $183 million in daily inflows on July 2, 2025, pushing its total Bitcoin holdings to $20.76 billion. This represents over 1% of the total Bitcoin supply and underscores the renewed institutional interest in Bitcoin [3].

The recent price action has been characterized by a strong uptrend, despite short-term bearish pressure. On-chain data suggests that the underlying trend remains robust, with liquidation events further fueling the price surge. The market cap of Bitcoin has also seen significant growth, reflecting the increased interest and investment in the cryptocurrency [2].

The surge in Bitcoin's price has not been isolated to the cryptocurrency itself. Other digital assets, such as Ethereum, have also experienced notable gains. Ethereum hit its all-time high of $4,721.07 on November 11, 2021, although it has since seen a -44% change compared to its most recent price. The market cap of Ethereum stands at $310.93 billion, indicating a strong market presence for the second-largest cryptocurrency by market capitalization [2].

In conclusion, the recent developments in the cryptocurrency market highlight the growing acceptance and adoption of digital assets. The influx of capital into Bitcoin ETFs and the increased adoption on corporate balance sheets are clear indicators of this trend. As more institutional investors and corporations enter the market, the demand for Bitcoin and other cryptocurrencies is likely to continue to grow, further driving price appreciation.

References:
[1] https://decrypt.co/329081/trump-media-files-blue-chip-etf-bitcoin-ethereum-solana-xrp
[2] https://www.ainvest.com/news/bitcoin-surges-2-time-high-driven-etf-inflows-corporate-adoption-2507/
[3] https://en.coinotag.com/fidelitys-bitcoin-etf-sees-significant-inflows-suggesting-renewed-institutional-interest/

Spot Bitcoin daily closed price ($111,246.0, +$2,332.9) vs ETF daily flows (+$218.04m) (July 9, 2025)

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