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Spot Bitcoin ETFs (exchange-traded funds) prolonged their constructive inflows streak to fifteen days yesterday as buyers 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 at present. “ Approaching $5bil in new $$$. Not $5bil this yr,” he added.”
BlackRock Maintains Dominance, Is The Solely Bitcoin ETF To File Inflows Yesterday
Knowledge from Farside Traders 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 by way of cumulative inflows because the 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 complete web inflows to $52.421 billion.
IBIT was additionally the one US spot Bitcoin ETF to document constructive web outflows yesterday, whereas buyers 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 sturdy Bitcoin ETF flows helped the main crypto shut its June month-to-month candle at a document excessive, in accordance with famend crypto analyst Rekt Capital. In an X publish at present, he informed his over 594.5K followers, “Technically, Bitcoin has absolutely confirmed a breakout from its Month-to-month Vary.”
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 could be 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 might be a continuation of BTC’s constructive development, supplied “buy-side” quantity enters the main crypto’s order books. Till then, he warned that there might be some retests of key help in an effort to “gasoline the subsequent uptrend.”
Michael van de Poppe appears to agree, and informed his over 793.6k followers on X that any dips in Bitcoin’s worth “are the purchase the dip ones.”
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