The fund, trading on the US spot Bitcoin exchange, has experienced its longest inflow streak since December 2024, bringing more than $2.9 billion beyond 13 consecutive trading days, and regulatory momentum has accumulated over the next four months for approval of other digital assets.
ETFS It recorded its biggest daily inflow in June on Tuesday at $588.6 million, extending its unprecedented streak to $1.2 billion this week alone.
BlackRock’s IBIT again led the inflow on Thursday with $163.7 million, with Fidelity’s FBTC adding $32.9 million and Bitwise’s BITB raising $25.2 million, according to Farside Investors. data.
Other major funds, including ARK’s ARKB and Investco’s BTCO, reported a more modest inflow, while Grayscale’s GBT and some small ETFs saw no meaningful activity.
The sustained influx indicates a growing institutional desire for crypto-invest products, particularly as ETF managers become increasingly implementing purchases through commercial channels to minimize the impact of prices.
“ETF flows are driven primarily by two types of investors: long only basic investors and basic ARB traders.” Decryption.
However, the current basic arbitrage is not currently attractive and therefore believes that “most of the flow of ETFs is driven by a long-standing basic investor.”
The 13-day stretch brought nearly $3 billion to the Bitcoin ETF. Bitcoin (BTC) itself trades sideways near $107,374, down 0.4% over the last 24 hours. Co Ringecko.
“ETF managers can make purchases via OTC transactions, so they don’t have much impact on spot prices,” Chung says. “On-chain data shows that short-term holders’ Bitcoin (less than 155 days) has declined rapidly over the past two months, suggesting that short-term traders are actively selling in the market.”
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Bitcoin continues to attract the facility’s capital, but momentum is quietly building around the next frontier of crypto investment products.
Bloomberg ETF analyst Eric Balknas previously said Decryption revision Dogecoin and apt The ETF application and changes to rules reflect a “completely new attitude” from the Securities and Exchange Commission, resulting in much more consistent engagement than the issuer experienced prior to the approval of the Bitcoin ETF.
“Everything we hear is even more optimistic than what we hear in the Bitcoin story.” Balchun I said on Thursday.
He predicts a greater than 95% chance of Solana, XRP, and Litecoin ETF approvals, with a 90% odds for Dogecoin approvals.
According to Arjun Vijay, founder of Indian crypto exchange, they have raised over $40 billion since the Bitcoin ETF was launched 18 months ago.
“In this cycle there is a clear trend that Bitcoin moves from retailers to institutions,” Vijay said. Decryption. “Retails are on sale while the institutions are purchasing.”
Still, Ganesh Mahidhar, an investment expert for further ventures, said Decryption We note that ETF inflows are often exaggerated and that actual purchases are made through financial programs and structured products.
edit Sebastian Sinclair
