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Spot Bitcoin ETFs (exchange-traded funds) prolonged their optimistic inflows streak to fifteen days yesterday as traders poured practically $5 billion into the funds throughout this era.
“15 straight days of inflows into spot btc ETFs…,” stated ETF Retailer president Nate Geraci in an X publish right now. “ Approaching $5bil in new $$$. Not $5bil this 12 months,” he added.”
BlackRock Maintains Dominance, Is The Solely Bitcoin ETF To Report Inflows Yesterday
Knowledge from Farside Buyers exhibits the US Spot Bitcoin ETFs posted $102.1 million in web inflows yesterday. This comes simply after the funds recorded over $500 million inflows on each June 25 and June 27.
BlackRock’s IBIT, which leads the funds when it comes to cumulative inflows for the reason that merchandise launched in January 2024, continued to show its dominance throughout yesterday’s buying and selling session. On the day, the fund pulled in one other $112.3 million. This has pushed IBIT’s whole web inflows to $52.421 billion.
IBIT was additionally the one US spot Bitcoin ETF to document optimistic web outflows yesterday, whereas traders withdrew $10.2 million from Ark Make investments’s ARKB fund on the identical day.
Bitcoin Makes Historical past With Highest Month-to-month Candle Shut, Analysts Anticipate Break Out
The robust Bitcoin ETF flows helped the main crypto shut its June month-to-month candle at a document excessive, in line with famend crypto analyst Rekt Capital. In an X publish right now, he informed his over 594.5K followers, “Technically, Bitcoin has absolutely confirmed a breakout from its Month-to-month Vary.”
#BTC
Bitcoin has made historical past with its highest Month-to-month Candle Shut ever
Technically, Bitcoin has absolutely confirmed a breakout from its Month-to-month Vary
Thus, now’s the time for buy-side quantity to step in to facilitate Development Continuation
Till that quantity is available in nevertheless, it… https://t.co/hjbkpo7awV pic.twitter.com/JCsWr2b7qs
— Rekt Capital (@rektcapital) July 1, 2025
He added that there could possibly be a continuation of BTC’s optimistic development, offered “buy-side” quantity enters the main crypto’s order books. Till then, he warned that there could possibly be some retests of key help in an effort to “gasoline the following uptrend.”
Michael van de Poppe appears to agree, and informed his over 793.6k followers on X that any dips in Bitcoin’s value “are the purchase the dip ones.”
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